Travel stocks and trends for investors to consider
Recent earnings from travel & hospitality companies point to a slowdown in consumer demand. As consumers become more cautious with spending, some on Wall Street are wondering where to best position their portfolio to capitalize on these trends.
Ronald Josey, Citi Research Internet Analyst, joins Yahoo Finance to discuss travel stocks and where investors should keep an eye out for opportunities.
Josey mentions Booking Holdings (BKNG) as one of this top picks, citing: "It is a matter of scale. There's no ifs, ands or buts about it. The more hotels you have, in what is an increasingly supply-driven market, the more you can generate greater demand. Booking having as many hotels as they do in Europe, increasingly in North America, also also in Asia-Pac, and, we think they're among the best positioned to benefit from this continued trend of travel... The thing that Booking has not just the scale in hotels to your question, it's also the know how and marketing efficiency on how to really go after those consumers that are willing and able to and want to spend on travel, and that's a super power that I think Booking has that everybody wants to emulate."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Travel stocks and trends for investors to consider канала Yahoo Finance
Ronald Josey, Citi Research Internet Analyst, joins Yahoo Finance to discuss travel stocks and where investors should keep an eye out for opportunities.
Josey mentions Booking Holdings (BKNG) as one of this top picks, citing: "It is a matter of scale. There's no ifs, ands or buts about it. The more hotels you have, in what is an increasingly supply-driven market, the more you can generate greater demand. Booking having as many hotels as they do in Europe, increasingly in North America, also also in Asia-Pac, and, we think they're among the best positioned to benefit from this continued trend of travel... The thing that Booking has not just the scale in hotels to your question, it's also the know how and marketing efficiency on how to really go after those consumers that are willing and able to and want to spend on travel, and that's a super power that I think Booking has that everybody wants to emulate."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Travel stocks and trends for investors to consider канала Yahoo Finance
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Halliburton posts earnings beat, raises dividendCampbell Soup CEO talks 'positive' acquisition of Sovos BrandsHow Nvidia hit a $3 trillion market cap, plus what investors need to knowHow college grads can set themselves up for financial successNvidia stock retreats after topping $3 trillion market cap markCrowdstrike CEO talks strong Q1 earnings report, AI, and cybersecurityJPMorgan Chase: The history of the world's largest bank, in 2 minutesStock market today: Nasdaq surges 2% as Big Tech leads rally after earningsStock market today: S&P 500, Nasdaq hit record highs as Nvidia leads tech rally | June 5, 2024How freelancers and contract workers can save for retirementStarting a small business? Here are some government resources and tips to help youMarriott CEO on travel demand: We continue to see strength in leisure travelEquities offer the best opportunity amid inflation, strategist saysAI's path forward will be choppy, strategist saysNvidia option plays ahead of the stockStock market today: Nvidia, tech lead rally to new highs as rate cut hopes riseWhat drives meme stocks? 'Very much Us versus Them' #shortsNvidia is 'distinct leader' in fourth era of computing: AnalystThe gaming industry is ‘very healthy,’ says analystZscaler CEO discusses Q3 earnings, cybersecurity demandTikTok ‘has become incredibly politically toxic to Washington,’ advisor says