UAL - 3 Best Summer Travel Stocks With Steven Cress
2024-06-30 09:00:00 ET
Summary
- Head of Quantitative Strategies Steven Cress shares data-driven top 3 summer travel stocks.
- Royal Caribbean Cruise is highlighted for strong growth and profitability.
- Why United Airlines is a buy the dip opportunity.
- MGM Resorts' strong recovery post-pandemic, positive analyst revisions and the importance of digging into underlying metrics.
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Head of Quantitative Strategies Steven Cress shares his data-driven top 3 summer travel stocks. Why Royal Caribbean Cruise is his first pick (2:40). This airline stock is a buy the dip opportunity (11:50). MGM earns the 3rd pick and shows the importance of digging into underlying metrics (23:50).
Transcript
Daniel Snyder: Hello everyone. Daniel Snyder from Seeking Alpha here. Thank you so much for taking the time to hang out with us today. We have the top travel stocks from the man, the myth, the legend, Head of Quantitative Strategies here at Seeking Alpha, Steven Cress. Steven, how are you doing this morning?
Steven Cress: Daniel, very well. And thank you for that warm introduction. I'm really happy to be here picking the three stocks that are just really timely.
DS: Yes. I mean, this is the whole idea of the theme, right? Is we're in summer now and obviously when summer hits, people like to travel. So going along with the theme and the seasonality, I reached out to you and said, hey, what if we did a little travel stock picks? And you said, absolutely, I've got some ready to go....
3 Best Summer Travel Stocks With Steven Cress