August 28, 2020, 11:49 am EDT
Restaurants, Hotels, Cruises Coming Back
Today is a strong day for restaurants, hotels, and cruises. Stimulus checks, vaccines hopeful, and consumer confidence are driving forces behind these industries.
- Restaurants: PLAY +11%, BJRI +10%, EAT +9%, CAKE +8%, DRI +4%, SHAK +4%
- Hotels: WYNN +6%, MGM +5%, LVS +4%, H +3%, MAR +2%
- Cruises: RCL, CCL, NCLH +5%
It makes sense to consider adding these stocks to the portfolio in order to participate in the rally.