Business
Top 5 Travel Stocks to Invest in Heading into 2023
Why is a credit card a good stock to invest in? People are more likely to travel on credit nowadays because of how tech-savvy the younger generation is. How can you travel if you don’t have the most crucial means of fueling your ride? Companies like World Fuel Corporation, CVR Energy, and Par Pacific Holdings are set to soar as the travel industry recovers.
There are some pretty obvious travel stocks that you can look into, such as accommodation in Iceland or airline stocks, but there are a few others that most definitely slipped under the radar simply because they aren’t immediately obvious travel stocks. Here are some of the top stocks that will make you rich in the near future.
Meta, the new way to travel?
Meta might not seem like a travel stock per se, being an immersive social media experience, but the fact is Meta might just be a more affordable way to travel in the future. People would only have to put on VR goggles to go where they want to go. But more realistically, Meta will give would-be travelers the option to go on a virtual tour before signing up for the real thing – whether it’s accommodation, an experience, or an attraction.
Also, just imagine sharing breathtaking views so that your friends and family will be able to immerse themselves into what you are experiencing – it’s not that far too, considering the fact that we already have 3D photos on social media sites like Facebook, which is also the parent company for the Metaverse.
Mastercard, why pay cash when you can go cashless?
Why is a credit card a good stock to invest in? People are more likely to travel on credit nowadays because of how tech-savvy the younger generation is. They’ve grown up with technology and therefore know how to work everything to their maximum potential. Frequent flier miles can sometimes be converted from credit card points which is a big win for the travel-centric society that we live in. Credit cards facilitate travel, there’s no denying that.
Hertz, driving your way around anywhere in the world
An industry leader in the rental industry, Hertz is an opportunity for travel stock investors everywhere. According to recent reports, HTZ published an EBITDA of “$628 million and revenues of $1.9 billion. The company also said it ended 2021 with $3.2 billion in liquidity – a figure that includes $2.3 billion in unrestricted cash, a solid position to fund strategic initiatives.” There’s no denying that Hertz is going to be the driving force to make investors very rich.
Disney, the happiest place for investors?
An all-in-one stock, Disney might have plummeted during the pandemic and despite their slow recovery, they are making steady inroads. Don’t forget that the house of the mouse also owns Marvel Studios and Lucasfilm, making their cruise lines and theme parks the most desirable ones in the world.
Any listed company dealing in jet fuel
How can you travel if you don’t have the most crucial means of fueling your ride? Companies like World Fuel Corporation, CVR Energy, and Par Pacific Holdings are set to soar as the travel industry recovers. As they say, if you want to earn big, look at what’s fueling the industry you’ve got your eye on.
__
(Featured image by robingileo via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
-
Impact Investing1 week ago
COP29: Everything Business Leaders Should Know
-
Biotech9 hours ago
Spanish Pharma Stocks Plummet 10% in November
-
Crypto2 weeks ago
Elon Musk, Donald Trump, and DOGE: Unraveling the Mystery Mission
-
Biotech6 days ago
The PCTEX in Badajoz, Spain, Will Host the ‘Biotech Conecta’ Event on December 10th