Best Leisure Stocks To Research – March 17th

Carnival, Royal Caribbean Cruises, and Academy Sports and Outdoors are the three Leisure stocks to watch today, according to MarketBeat’s stock screener tool. Leisure stocks are shares of companies that provide travel, hospitality, entertainment and recreation services — for example hotels, airlines, cruise lines, casinos, theme parks, restaurants and sports/entertainment firms. Investors view them as consumer-discretionary, often cyclical and seasonal, meaning their revenues and stock prices are sensitive to economic conditions, travel trends and shocks (e.g., recessions, fuel costs, pandemics), which can produce higher growth in good times but greater volatility. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

Carnival (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

Royal Caribbean Cruises (RCL)

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

Academy Sports and Outdoors (ASO)

Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.