Top Travel Stocks Worth Watching - September 1st

Key Points

• Five travel stocks to watch include Alibaba Group, Affirm, Costco Wholesale, SoFi Technologies, and Baidu, based on their recent trading volume as reported by MarketBeat.
• Travel stocks represent companies in various sectors such as airlines, hotels, and online booking platforms, making them sensitive to changes in global travel demand influenced by consumer spending and economic conditions.
• Investors are likely to keep an eye on these stocks due to their potential for growth as tourism and travel rebound in the coming months.

Alibaba Group, Affirm, Costco Wholesale, SoFi Technologies, and Baidu are the five Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are equity shares of companies whose core businesses involve travel and tourism—airlines, hotel chains, cruise lines, car rental firms and online booking platforms, for example. Investors buy these stocks to gain exposure to fluctuations in global travel demand, which can be driven by consumer spending, economic conditions, geopolitical events and seasonal trends. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Read Our Latest Research Report on BABA

Affirm (AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

Read Our Latest Research Report on AFRM

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Read Our Latest Research Report on COST

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Read Our Latest Research Report on SOFI

Baidu (BIDU)

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.

Read Our Latest Research Report on BIDU

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