Travel and Leisure Stocks Look Attractive
Consumers are slowly starting to travel and eat at restaurants again.
Quarter-End Insights
Although uncertainty surrounding the coronavirus pandemic affected consumer cyclical companies more than others at its peak, the industry has begun to rebound. Trailing 12-month returns for the sector are up 37% compared with the market’s 23% return, which runs in sharp contrast to a quarter ago, when the sector lagged the market’s performance by 300 basis points.
The sector has begun to outperform the market. - source: Morningstar
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Erin Lash does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.