Travel Stocks To Keep An Eye On - August 24th

Key Points

• Costco Wholesale, SoFi Technologies, and Alibaba Group are identified as the top travel stocks to monitor today, reflecting the high trading volume within the travel and tourism sector.
• Travel stocks are notably more volatile due to their sensitivity to economic cycles, seasonal changes, and geopolitical events.
• The travel sector encompasses a range of companies, including airlines, hotels, cruise lines, and online booking platforms, allowing investors to gain exposure to consumer travel demand.

Costco Wholesale, SoFi Technologies, and Alibaba Group are the three Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies operating in the travel and tourism sector—this includes airlines, hotels and resorts, cruise lines, online booking platforms and car rental firms. By investing in these equities, shareholders gain exposure to consumer travel demand and broader tourism trends. Often sensitive to economic cycles, seasonal shifts and geopolitical events, travel stocks can experience greater volatility than more defensive industries. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

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

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

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