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Zacks News
Buy These 4 Low-Beta Stocks to Counter the Choppy Market
by Nilanjan Banerjee
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Penumbra (PEN), Trip.com Group (TCOM), Transportadora (TGS) and Vipshop Holdings (VIPS) are poised to gain.
Wynn Resorts' (WYNN) Unveils Online Offerings in West Virginia
by Zacks Equity Research
Wynn Resorts (WYNN) continues to strengthen its sports-betting presence. The company unveils online casino and sports betting platform in West Virginia.
Development Projects Aid Red Rock Resorts (RRR), Costs High
by Zacks Equity Research
Red Rock Resorts' (RRR) emphasis on development projects and digital initiatives bodes well. However, inflationary pressures are a headwind.
Norwegian Cruise (NCLH) Surges 67% in a Year: More Upside Left?
by Zacks Equity Research
Norwegian Cruise (NCLH) emphasizes on strategic and data-driven tools for marketing and product development. However, volatility in inflation is a concern.
Hyatt (H) Outpaces Industry in the Past Year: More Room to Run?
by Zacks Equity Research
Hyatt's (H) emphasis on acquisition efforts and strategic expansions bodes well. However, tough industry competition is a headwind.
Wynn Resorts (WYNN) Stock Up 75% in a Year: More Upside Left?
by Zacks Equity Research
Wynn Resorts (WYNN) focuses on high-ROI development projects in Boston and the UAE to drive growth. However, a decline in traffic from pre-pandemic levels is a concern.
HLT or CHH: Which Hotel Stock is Better Placed at the Moment?
by Zacks Equity Research
The hotel industry focuses on pricing optimization, franchise agreements and asset-light business model to drive growth.
Time to Buy These Highly-Ranked Travel-Related Stocks
by Shaun Pruitt
With these travel-related companies garnishing much momentum as we progress through the summer now appears to be an ideal time to buy their stocks.
Choice Hotels (CHH) Expands Its Extended Stay Brand Portfolio
by Zacks Equity Research
Choice Hotels (CHH) unveils the Everhome Suites Glendale and continues to expand its domestic footprint.
Here's Why Investors Should Retain Vail Resorts (MTN) Stock
by Zacks Equity Research
Vail Resorts (MTN) focuses on introducing innovative business practices and new technology to boost customer traffic and enhance guest experience. High costs and weather-related woes are a concern.
Here's Why Investors Should Retain JAKKS Pacific (JAKK) Stock
by Zacks Equity Research
JAKKS Pacific's (JAKK) focus on licensing partnerships bodes well. However, a rise in expenses is a concern.
MGM Resorts (MGM) BetMGM Boosts Online Offerings in Puerto Rico
by Zacks Equity Research
MGM Resorts' (MGM) BetMGM continues to expand to new jurisdictions. The company along with Casino del Mar launches mobile sports betting app in Puerto Rico.
Earnings Estimates Rising for Trip.com (TCOM): Will It Gain?
by Zacks Equity Research
Trip.com (TCOM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Stock Market News for Jun 9, 2023
by Zacks Equity Research
U.S. stock markets closed higher on Thursday following a weak labor market data.
Planet Fitness (PLNT) Unveils 3-Year Revenue, AEPS Target
by Zacks Equity Research
Planet Fitness' (PLNT) solid focus on the digital platform bodes well. However, inflationary pressures are concerning.
Here's Why You Should Retain Hilton (HLT) Stock for Now
by Zacks Equity Research
Hilton???s (HLT) focus on new development and hotel-conversion opportunities bodes well. However, macroeconomic uncertainty is a concern.
Trip.com (TCOM) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Trip.com (TCOM) delivered earnings and revenue surprises of 66.67% and 13.91%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Marriott (MAR) Expands in Singapore With Aloft Branded Property
by Zacks Equity Research
Marriott (MAR) collaborates with Hiap Hoe Limited., to unveil Aloft Hotels brand in Singapore.
Hyatt (H) Boosts Presence WIth Mr & Mrs Smith Platform Buyout
by Zacks Equity Research
Hyatt's (H) acquisition of Mr & Mrs Smith platform unlocks access to more than 1500 global boutique and luxury properties within its direct booking channels.
How Much Upside is Left in Trip.com (TCOM)? Wall Street Analysts Think 31%
by Zacks Equity Research
The average of price targets set by Wall Street analysts indicates a potential upside of 31% in Trip.com (TCOM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here's Why You Should Retain Vail Resorts (MTN) Stock Now
by Zacks Equity Research
Vail Resorts' (MTN) emphasis on e-commerce and guest engagement tools bode well. However, weather disruptions and high operating costs are a concern.
Choice Hotels (CHH) Expands Domestic Footprint With New Hotels
by Zacks Equity Research
Choice (CHH) unveils its 6th WoodSpring Suites hotel within a month. Also, continued focus on domestic expansion bodes well.
Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect
by Zacks Equity Research
Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q2 performance. However, global macro weakness remains a concern.
Mattel's (MAT) Barbie Announces New Product Collection
by Zacks Equity Research
Mattel (MAT) announces barbie-inspired new toy collection across brand portfolio, including UNO, Hot Wheels, Fisher-Price, MEGA.
Analysts Estimate Vail Resorts (MTN) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Vail Resorts (MTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.