Travel Stocks are Back in the Game—And Ready to Score Big
After the pandemic threw the world into chaos, the travel sector finally pulled its socks up and is now sprinting toward recovery. For investors, 2024 looks like a holiday in itself: travel‑related spend is on the rise, and companies that caught their breath are now re‑energized, ready to take the lead.
Meet the Two Stars of the Travel Stock Show
If you’re looking to get in on the action, these two names should be at the very top of your radar: Uber (UBER) and Expedia (EXPE). Both have seen strong financials and aggressive growth, making them the “must‑have” picks for anyone hoping to ride the wave of the booming travel industry.
Uber (UBER) – The Ride‑Share Giant that’s Roughly the Same Size of Your Next Vacation
Sure, most people think Uber is just a way to get from Point A to Point B, but it’s also a backbone for modern travel. The company has been investing heavily in tech—meaning their profit margins can be a bit volatile—but 2023’s numbers say otherwise.
- Bookings up 19% YoY
- Revenue up 17% YoY
- Free cash flow of over $750k in Q4
“Now that Uber’s stable, it’s primed to cook up new revenue streams in this exploding travel market,” says analyst Joel Lim. The stock even hit a record high in early March thanks to the strong 2024 outlook.
With partnerships stacking up and a clear presence in every traveler’s itinerary, Uber is the perfect choice if you want a steady climb with a dash of futurism.
Expedia (EXPE) – The Online Travel Guru That’s Name on Your Booking Sheet
Expedia’s far‑reaching platform offers everything from hotels to flights and a slick booking experience built for the mobile age. The company more than kept pace with the surge in travel‑demand, consistently outperforming the S&P 500 average.
- Revenue grew 10.28% YoY
- Adjusted EPS of $1.72 in Q4, beating estimates
- Spending a record $2B to buy back shares in 2023
Expedia isn’t just playing the game—it’s innovating it. Joel Lim points out, “Expedia is riding the generative AI wave, launching a ChatGPT‑powered chatbot to elevate the traveler experience.”
With its direct line to current demand and clever tech moves, Expedia stands out as a leader ready to stay ahead.
Bottom Line: A Head Start Is on the Horizon
The travel industry is pulling off a memorable comeback, and the numbers back it up. If you want to grab a slice of the future, these two stocks offer the best write‑ups for tasty returns. Why wait? Get ahead, put your trust in Uber and Expedia, and let the vacation vibes in your portfolio.
