Travel Stocks To Research - August 22nd

Key Points

• The seven travel stocks highlighted for August 22nd include SoFi Technologies, Costco, Alibaba, Booking, American Express, Affirm, and Delta Air Lines, reflecting significant trading activity in the sector.
• Travel stocks typically have higher volatility due to their sensitivity to economic conditions and global events, attracting investors looking to capitalize on the industry's growth.
• These companies represent a mix of services from airlines to digital payment solutions, showcasing the diverse landscape of the travel and tourism industry.

SoFi Technologies, Costco Wholesale, Alibaba Group, Booking, American Express, Affirm, and Delta Air Lines are the seven Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies whose primary business involves travel and tourism services, such as airlines, hotel chains, cruise lines, car rental firms, and online booking platforms. Investors buy these stocks to gain exposure to the travel industry’s growth, which can be influenced by factors like consumer confidence, economic conditions, and global events. Because travel demand can be cyclical and sensitive to disruptions, travel stocks often exhibit higher volatility compared with more defensive sectors. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

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

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

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

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Read Our Latest Research Report on BKNG

American Express (AXP)

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.

Read Our Latest Research Report on AXP

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

Delta Air Lines (DAL)

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.

Read Our Latest Research Report on DAL

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