3 Best Travel Stocks To Buy
As more countries get the COVID-19 pandemic under control, more and more people are putting their travel plans into fruition. This means that many travel-related industries, including cruise lines, airplane companies, and hotel chains, are poised for growth. Don't miss out on this potentially profitable growth; here are three travel stocks to add to your portfolio.
1. Marriott Intl Inc (MAR)
Marriott Intl Inc (MAR) is one of the most famous hotel chains across the globe. The company is associated with superior customer service and lush, inviting hotel rooms. Customers feel valued by Marriot, and the company prides itself on providing a superb guest experience.
As worldwide and domestic travel continues to increase, consumers will be searching for hotel options that go the extra mile. Marriot has more than 7,000 properties in over 131 countries. Marriot is also working to minimize its environmental impact while creating a positive impact on surrounding communities. It's poised as a popular alternative for travelers and as a sound travel stock for investors.
2. Delta Air Lines Inc (DAL)
Delta Air Lines Inc (DAL) serves more than 200 million travelers each year. While 2020 was a rough year for airlines, Delta Air Lines is poised for higher than anticipated growth in 2021. As more people embrace flying to fulfill their travel plans, Delta is poised to strengthen its earnings and boost its revenues. Corporate travel is slowly, but surely returning. Analysts report that Delta is a strong contender for steller short-time growth.
3. Carnival Corp (CCL)
2020 was a rough year for many travel industries and travel stocks, including Carnival Corp (CCL). Though its recent earnings were dismal, the company holds $9.3 billion in cash to help it weather any continued economic distress. The company estimates that 42 ships are anticipated to resume operations by November 2021, and data indicates that people are ready to resume cruising. This travel stock is up for the year, and analysts anticipate that it will continue to increase in value as travelers continue to book and ultimately go on cruises.
