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Zacks Value Trader Highlights: Playa Hotels & Resorts, Hersha Hospitality Trust, Expedia, TripAdvisor and Royal Caribbean Group
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For Immediate Release
Chicago, IL – February 26, 2021 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Should You Buy the Travel Stocks?
Welcome to Episode #226 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
In 2020, the travel and hospitality stocks were some of those hardest hit in the March coronavirus sell-off.
They remained somewhat depressed until November 2020, when Pfizer announced it had a vaccine that was over 90% effective and that it would be rolling it out by the end of 2020.
Now in 2021, there is the Pfizer and Moderna vaccines and the FDA is apparently close to authorizing the Johnson & Johnson vaccine as well.
There could be over 400 million doses of the vaccine available in the United States by July if all things go according to plan.
And many expect that to unleash pent-up travel demand.
Already, hotels and airlines are seeing a change in consumer behavior.
Consumers are apparently looking at trips 3 to 6 months out. And they're even booking airline tickets for 2 months out whereas in 2020, they were booking just days to 2 weeks out.
Should You Be Buying the Travel Stocks?
Hospitality companies will be big beneficiaries of the reopen.
But Wall Street has already been betting on it.
The hotel and OTA stocks have all soared.
1. Playa Hotels & Resorts (PLYA - Free Report) operates 21 all-inclusive hotels in Mexico, Jamaica and the Dominican Republic. Shares have soared 84% in the last 6 months.
2. Hersha Hospitality Trust operates 40 high quality hotels in urban gateways and resort destinations such as Miami Beach, Key West and Santa Barbara. Shares are up 92% in the last 6 months.
3. Expedia (EXPE - Free Report) which operates red-hot VRBO, is hitting 5-year highs. Shares are up 75.3% in the last 6 months.
4. TripAdvisor (TRIP - Free Report) is expected to see positive earnings in 2021 with the Zacks Consensus looking for $0.40 versus a loss of $1.24 in 2020. Shares are up 127% in the last 6 months.
5. Royal Caribbean Group (RCL - Free Report) is one of the favorite re-open stocks. Shares are up 57% over the last 6 months but are still down 8.9% over the last year.
Is it too late to buy the travel stocks or is the rally just getting started?
Find out the answer on this week's podcast.
Legal Marijuana: An Investor's Dream
Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.
Although marijuana stocks did better as the pandemic took hold than the market as a whole, they've been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks' Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Value Trader Highlights: Playa Hotels & Resorts, Hersha Hospitality Trust, Expedia, TripAdvisor and Royal Caribbean Group
For Immediate Release
Chicago, IL – February 26, 2021 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Should You Buy the Travel Stocks?
Welcome to Episode #226 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
In 2020, the travel and hospitality stocks were some of those hardest hit in the March coronavirus sell-off.
They remained somewhat depressed until November 2020, when Pfizer announced it had a vaccine that was over 90% effective and that it would be rolling it out by the end of 2020.
Now in 2021, there is the Pfizer and Moderna vaccines and the FDA is apparently close to authorizing the Johnson & Johnson vaccine as well.
There could be over 400 million doses of the vaccine available in the United States by July if all things go according to plan.
And many expect that to unleash pent-up travel demand.
Already, hotels and airlines are seeing a change in consumer behavior.
Consumers are apparently looking at trips 3 to 6 months out. And they're even booking airline tickets for 2 months out whereas in 2020, they were booking just days to 2 weeks out.
Should You Be Buying the Travel Stocks?
Hospitality companies will be big beneficiaries of the reopen.
But Wall Street has already been betting on it.
The hotel and OTA stocks have all soared.
1. Playa Hotels & Resorts (PLYA - Free Report) operates 21 all-inclusive hotels in Mexico, Jamaica and the Dominican Republic. Shares have soared 84% in the last 6 months.
2. Hersha Hospitality Trust operates 40 high quality hotels in urban gateways and resort destinations such as Miami Beach, Key West and Santa Barbara. Shares are up 92% in the last 6 months.
3. Expedia (EXPE - Free Report) which operates red-hot VRBO, is hitting 5-year highs. Shares are up 75.3% in the last 6 months.
4. TripAdvisor (TRIP - Free Report) is expected to see positive earnings in 2021 with the Zacks Consensus looking for $0.40 versus a loss of $1.24 in 2020. Shares are up 127% in the last 6 months.
5. Royal Caribbean Group (RCL - Free Report) is one of the favorite re-open stocks. Shares are up 57% over the last 6 months but are still down 8.9% over the last year.
Is it too late to buy the travel stocks or is the rally just getting started?
Find out the answer on this week's podcast.
Legal Marijuana: An Investor's Dream
Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.
Although marijuana stocks did better as the pandemic took hold than the market as a whole, they've been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks' Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.
Download Marijuana Moneymakers FREE >>
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.