economy
Travel demand shows no signs of slowing. 3 stocks on Josh Brown's list to ride the wave
Josh Brown and Sean Russo walk readers through these travel names on their Best Stocks list.
TL;DR
- Travel demand remains strong, with consumers unwilling to sacrifice experiential spending.
- Hilton Worldwide Holdings (HLT) has shown impressive annualized returns and is projected to grow its top line, EBIT, and EPS.
- Marriott International (MAR) is expanding its offerings and loyalty program, with significant event-driven revenue lifts expected.
- Viking Holdings LTD (VIK) is a newer public company with strong recent returns, a loyal customer base, and significant advance bookings.
- Technical analysis suggests Hilton and Viking are in stronger positions than Marriott, with Hilton showing strong support and Viking maintaining an uptrend.
- Marriott's technicals are weaker due to recent price action, with a need to reclaim lost ground, potentially linked to broader economic sentiment like oil prices.