Business travel will take a while to come back, and companies in industries that profit from corporate jet-setters will likely face some ups and downs over the next few years. But there are a number of stocks that are attractively priced and poised to gain from even an incremental improvement […]
Stocks
3 Business Travel Stocks Being Battered by Bearish Trends
Business travel stocks can’t get enough momentum as travel remains depressed compared to pre-pandemic levels. American Express (AXP): Arguably the company most associated with business travel. Booking Holdings (BKNG): The industry leader when it comes to travel booking websites. Choice Hotels (CHH): Dominant when it comes to mid-level and economy hotel […]
Steer Clear of These 5 Travel & Tourism Stocks as Oil Skyrockets
Oil prices are skyrocketing as the Russian invasion of Ukraine raises concerns about oil supply. The international benchmark Brent Crude fell 1.2% to $109.81 per barrel on Thursday, while the United States Crude per barrel prices jumped 5.7% before ending down 2.5%. Both benchmarks are up more than 40% for […]