WYND - Broad gains in the travel sector as investors eye potential value plays
Investors appear to be looking out to 2021 and vaccine relief as travel-related stocks start the day off strong.Carnival ([[CCL]] +8.8%), Norwegian Cruise Line Holdings ([[NCLH]] +6.7%), Lindblad Expeditions ([[LIND]] +6.6%) and Royal Caribbean ([[RCL]] +7.2%) have extended on their early gains. Hotel stocks Hyatt ([[H]] +2.9%), Wyndham Destinations ([[WYND]] +4.7%), Marriott International ([[MAR]] +3.5%), Extended Stay American ([[STAY]] +3.3%) and Hilton Worldwide ([[HLT]] +2.7%) are also notably higher. TripAdvisor ([[TRIP]] +4.1%), Booking Holdings ([[BKNG]] +1.8%), Expedia ([[EXPE]] +1.3%) and Despegar.com ([[DESP]] +2.7%) are also poking out gains.Resort and casino movers include Play Hotels & Resorts ([[PLYA]] +3.2%), MGM Resorts ([[MGM]] +6.2%), Wynn Resorts < and Full House Resorts ([[FLL]] +5.6%)>.While the timeline for travel recovery is far from certain, analyst have been warming up to the sector on a longer-term look at valuations.Compare Seeking Alpha Quant Ratings in the hotels, resorts, cruises sector.
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Broad gains in the travel sector as investors eye potential value plays