Travel Stocks To Research - July 29th

Key Points

• The three travel stocks highlighted for research are SoFi Technologies, Costco Wholesale, and Alibaba Group, which have recently shown high trading volumes.
• SoFi Technologies' stock traded at $22.37, marking a significant increase, with a market cap of $24.72 billion and a P/E ratio of 54.46.
• Costco Wholesale's stock hit $934.73, with a market cap of $414.53 billion and demonstrates strong performance in the membership warehouse sector.

SoFi Technologies, Costco Wholesale, 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 whose core business involves facilitating travel and tourism—such as airlines, hotels, cruise lines and online booking platforms. Their performance tends to track consumer travel demand, economic conditions and factors like seasonality or geopolitical events. Investors buy them to gain targeted exposure to the growth (or downturn) of the travel industry. 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.

SOFI stock traded up $1.35 during trading on Tuesday, hitting $22.37. 194,596,125 shares of the stock traded hands, compared to its average volume of 59,038,895. SoFi Technologies has a 1 year low of $6.01 and a 1 year high of $25.11. The firm's 50 day moving average is $16.88 and its two-hundred day moving average is $14.66. The stock has a market cap of $24.72 billion, a price-to-earnings ratio of 54.46, a price-to-earnings-growth ratio of 3.58 and a beta of 1.91. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.14.

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.

COST stock traded up $0.74 during trading on Tuesday, hitting $934.73. 1,294,677 shares of the stock traded hands, compared to its average volume of 2,208,144. Costco Wholesale has a 1 year low of $793.00 and a 1 year high of $1,078.23. The firm's 50 day moving average is $990.03 and its two-hundred day moving average is $984.21. The stock has a market cap of $414.53 billion, a price-to-earnings ratio of 53.03, a price-to-earnings-growth ratio of 5.82 and a beta of 0.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 0.52.

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.

BABA stock traded down $2.77 during trading on Tuesday, hitting $119.38. 9,773,292 shares of the stock traded hands, compared to its average volume of 22,236,404. Alibaba Group has a 1 year low of $73.87 and a 1 year high of $148.43. The firm's 50 day moving average is $115.94 and its two-hundred day moving average is $117.42. The stock has a market cap of $284.76 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 1.77 and a beta of 0.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55.

Read Our Latest Research Report on BABA

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