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Travel Stocks To Add to Your Watchlist - September 16th

Alibaba Group logo with Retail/Wholesale background

Key Points

  • MarketBeat identifies Alibaba Group, SoFi Technologies, and Baidu as key travel stocks to watch due to their high trading volume and performance tied to consumer travel demand.
  • Alibaba operates through seven segments, including China Commerce and Cloud, while SoFi offers various financial services across North America.
  • Baidu provides internet search services and features offerings like Baidu App and Baidu Health, focusing on personalized user experiences in China.
  • Five stocks to consider instead of Alibaba Group.

Alibaba Group, SoFi Technologies, and Baidu are the three Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies in the travel and tourism industry, including airlines, hotels, cruise lines, online travel agencies and car rental firms. Their performance is closely tied to consumer travel demand and sensitive to economic cycles, geopolitical events, health crises and seasonal trends. Investors often include travel stocks in portfolios for growth exposure but should be mindful of their heightened volatility due to external shocks. 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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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