Entertainment and leisure stocks have been extremely hot in 2021 as investors bet that there's going to be a big jump in consumer spending as the pandemic slows and businesses reopen this summer.
Three of the market's biggest winners so far in 2021 have been AMC Entertainment Holdings (NYSE: AMC) , SeaWorld Entertainment (NYSE: SEAS) , and Avis Budget Group (NASDAQ: CAR) on the hope that their businesses will rebound quickly. And it hasn't hurt that the WallStreetBets group on Reddit has been a big fan of consumer businesses like AMC.
But is now the time to buy them?
For further details see:
3 of the Market's Top Stocks Are Too Hot to Handle