5 Leisure and Recreation Services Stocks to Buy for the Holiday Season

Zacks11-29

The leisure and recreation services industry benefits from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. The industry has been gaining from optimizing business ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2487963552?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/UHYwLJl.VYEn27W0ktfNKA--~B/aD0zNDA7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/720826e7f073e86274a08e94ff43505a","is_english":true,"pubTime":"2024-11-29 20:40","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2487963552","market":"us","top_or_hot":-1,"title":"5 Leisure and Recreation Services Stocks to Buy for the Holiday Season","media":"Zacks","content":"<div>\n<p>The leisure and recreation services industry benefits from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. The industry has been gaining from optimizing business ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-leisure-recreation-services-stocks-124000884.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Leisure and Recreation Services Stocks to Buy for the Holiday Season</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Leisure and Recreation Services Stocks to Buy for the Holiday Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-leisure-recreation-services-stocks-124000884.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The leisure and recreation services industry benefits from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. The industry has been gaining from optimizing business ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-leisure-recreation-services-stocks-124000884.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/5-leisure-recreation-services-stocks-124000884.html","article_id":"2487963552","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UHYwLJl.VYEn27W0ktfNKA--~B/aD0zNDA7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/720826e7f073e86274a08e94ff43505a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487963552","pubTimestamp":1732884000,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The leisure and recreation services industry benefits from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. The industry has been gaining from optimizing business processes, consistent partnerships and digital initiatives. Robust demand for concerts, strong bookings for cruise operators and higher per capita spending at theme parks are supporting the industry.At this stage, we recommend five stocks from the leisure and recreation services space for this holiday season. These are - Carnival Corporation & plc CCL, Royal Caribbean Cruises Ltd. RCL, Norwegian Cruise Line Holdings Ltd. NCLH, Planet Fitness Inc. PLNT and The Marcus Corp. MCS.The Zacks-defined Consumer Discretionary - Leisure and Recreation Services Industry is currently in the top 8% of the Zacks Industry Rank. In the past year, the industry has provided 34.6% returns, while its year-to-date return is 24.2%. Since it is ranked in the top half of Zacks Ranked Industries, we expect the consu","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","MCS":"马库斯","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","BK4588":"碎股","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","BK4517":"邮轮概念","BK4547":"WSB热门概念","CUK":"嘉年华存托凭证","CCL":"嘉年华邮轮","BK4142":"酒店、度假村与豪华游轮","RCL":"皇家加勒比邮轮","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","PLNT":"Planet Fitness Inc","NCLH":"挪威邮轮","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4216":"消闲设施","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","BK4566":"资本集团"},"translate_title":"假期期间值得购买的5只休闲和娱乐服务股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCS":1,"NCLH":1,"PLNT":1,"RCL":1,"CUK":0.9,"CCL":0.9,"US7Y.BOND":0.76,"US10Y.BOND":0.76,"US12M.BOND":0.76,"US2Y.BOND":0.76,"US30Y.BOND":0.76,"US3Y.BOND":0.76,"US5Y.BOND":0.76,"US6M.BOND":0.76},"content_text":"The leisure and recreation services industry benefits from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. The industry has been gaining from optimizing business processes, consistent partnerships and digital initiatives. Robust demand for concerts, strong bookings for cruise operators and higher per capita spending at theme parks are supporting the industry.\nAt this stage, we recommend five stocks from the leisure and recreation services space for this holiday season. These are - Carnival Corporation & plc CCL, Royal Caribbean Cruises Ltd. RCL, Norwegian Cruise Line Holdings Ltd. NCLH, Planet Fitness Inc. PLNT and The Marcus Corp. MCS. \nPositive Catalysts\nIn November, the Federal Reserve reduced interest rates for the second time this year, lowering the benchmark rate by 25 basis points to 4.5-4.75%. This follows a 50-basis-point reduction in September 2024. \nAccording to the Fed, economic activity continues to grow at a steady pace. Although the unemployment rate has moved up slightly, it remains low. Inflation has moderated closer to the Fed's target, though it still sits slightly above the desired levels.\nThe Zacks-defined Consumer Discretionary - Leisure and Recreation Services Industry is currently in the top 8% of the Zacks Industry Rank. In the past year, the industry has provided 34.6% returns, while its year-to-date return is 24.2%. Since it is ranked in the top half of Zacks Ranked Industries, we expect the consulting services industry to outperform the market over the next three to six months.\nBuy 5 Leisure and Recreation Services Stocks\nThese stocks have strong revenues and earnings growth potential for 2025. Moreover, these stocks have seen positive earnings estimate revisions over the last 60 days. Each of our picks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe chart below shows the price performance of our five picks year to date.\nImage Source: Zacks Investment Research\nCarnival Corporation & plc\nZacks Rank #1 Carnival is benefiting from sustained demand strength, increased booking volumes at significantly higher prices and the base loading strategy. During the third-quarter fiscal 2024, CCL reported a solid booked position for the remainder of the year, with pricing and occupancy considerably higher than the 2023 levels. \nAlso, the focus on marketing campaign efforts bodes well. Going forward, CCL emphasized strategic investments in fleet modernization to drive growth. Owing to strong demand and cost-saving opportunities, CCL raised its full-year 2024 adjusted EBITDA guidance.\nCarnival has an expected revenue and earnings growth rate of 3.4% and 24.8%, respectively, for the current year (ending November 2025). The Zacks Consensus Estimate for current-year earnings has improved 6.4% in the last 60 days.\nRoyal Caribbean Cruises Ltd.\nZacks Rank #2 Royal Caribbean Cruises posted impressive third-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. RCL has been benefiting from strong cruising demand from new and loyal guests and robust booking trends. \nAlso, strength in consumer spending onboard and pre-cruise purchases bodes well. RCL emphasized investing in a modern digital travel platform to streamline the vacation booking process for customers and expand wallet share. Also, RCL emphasized new innovative ships and onboard experiences to boost its offering and deliver superior yields and margins.\nRoyal Caribbean Cruises has an expected revenue and earnings growth rate of 9.2% and 22.7%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 0.6% in the last seven days.\nNorwegian Cruise Line Holdings Ltd.\nZacks Rank #1 Norwegian Cruise Line reported impressive third-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom lines increased on a year-over-year basis. The upside was driven by strong consumer demand and a solid booking environment. \nAlso, NCLH reported a rise in onboard spending, boosted by shore excursions and improved communication offerings via Starlink high-speed Internet. NCLH intends to focus on strategic marketing efforts to drive demand and high-value bookings. Focus on fleet expansion efforts and strategic partnerships bodes well for NCLH.\nNorwegian Cruise Line has an expected revenue and earnings growth rate of 8.2% and 25.4%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 6.2% in the last 30 days.\nPlanet Fitness Inc.\nZacks Rank #2 Planet Fitness is benefiting from the contributions of new store openings, higher royalty revenues, and an asset-light growth model. PLNT’s strength in the contributions from these factors along with new member acquisitions was reflected in increase in system-wide same-store sales. Also, the favorable pricing of PLNT’s membership cards, new pricing opportunities’ considerations and relaunching of its High School Summer Pass program bodes well.\nPlanet Fitness has an expected revenue and earnings growth rate of 9.9% and 16.9%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 3.2% in the last 30 days.\nThe Marcus Corp.\nZacks Rank #1 The Marcus is engaged in the lodging and entertainment industries. MCS operates through two segments: Movie Theatres, and Hotels and Resorts. MCS’ movie theatre division owns or manages screens at locations in several states, as well as a family entertainment center. \nMarcus' lodging division owns or manages hotels and resorts in several states, as well as a vacation club. MCS also provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development.\nThe Marcus has an expected revenue and earnings growth rate of 6.6% and more than 100%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 14.6% in the last 30 days.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCarnival Corporation (CCL) : Free Stock Analysis Report\nRoyal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report\nMarcus Corporation (The) (MCS) : Free Stock Analysis Report\nNorwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report\nPlanet Fitness, Inc. (PLNT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2487963552"}