Promising Travel Stocks To Watch Now – May 17th

Alibaba Group, Costco Wholesale, Globant, Booking, and American Express are the five Travel stocks to watch today, according to MarketBeat’s stock screener tool. Travel stocks are shares of publicly traded companies in the travel and tourism sector, including airlines, hotels, cruise lines and online booking platforms. Their performance tends to be cyclical, closely linked to consumer confidence, economic conditions, fuel costs and events such as pandemics or geopolitical disruptions. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

NYSE BABA traded down $0.53 during trading hours on Friday, reaching $123.37. 19,911,692 shares of the company’s stock traded hands, compared to its average volume of 20,430,576. Alibaba Group has a 52-week low of $71.80 and a 52-week high of $148.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a 50-day simple moving average of $123.38 and a 200 day simple moving average of $107.21. The firm has a market cap of $294.59 billion, a PE ratio of 17.83, a PEG ratio of 0.61 and a beta of 0.24.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Shares of NASDAQ COST traded up $15.36 on Friday, reaching $1,025.83. 2,026,566 shares of the company’s stock traded hands, compared to its average volume of 2,042,332. The business’s 50 day simple moving average is $961.47 and its two-hundred day simple moving average is $967.12. Costco Wholesale has a 12 month low of $788.20 and a 12 month high of $1,078.24. The company has a market cap of $455.14 billion, a price-to-earnings ratio of 60.24, a price-to-earnings-growth ratio of 6.15 and a beta of 1.00. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Shares of GLOB traded down $32.27 during mid-day trading on Friday, reaching $100.58. The company had a trading volume of 11,007,198 shares, compared to its average volume of 669,797. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 27.04, a price-to-earnings-growth ratio of 2.38 and a beta of 1.37. The firm has a 50-day moving average price of $118.69 and a 200 day moving average price of $177.42. Globant has a 52 week low of $88.03 and a 52 week high of $238.32.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

NASDAQ:BKNG traded up $79.33 during trading hours on Friday, reaching $5,317.07. 199,930 shares of the company traded hands, compared to its average volume of 248,313. The business’s 50-day moving average price is $4,735.30 and its two-hundred day moving average price is $4,876.84. Booking has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock has a market capitalization of $173.02 billion, a P/E ratio of 30.73, a P/E/G ratio of 1.71 and a beta of 1.42.

American Express (AXP)

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.

Shares of NYSE AXP traded down $0.07 during trading on Friday, reaching $299.48. The company had a trading volume of 2,958,967 shares, compared to its average volume of 2,838,859. American Express has a 12-month low of $220.43 and a 12-month high of $326.28. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 1.64. The business’s 50-day moving average is $266.20 and its 200 day moving average is $288.02. The stock has a market cap of $209.81 billion, a PE ratio of 21.38, a P/E/G ratio of 1.41 and a beta of 1.23.