There are interesting developments in the travel sector. If anything we start seeing really constructive setups. In our Momentum Investing portfolio we work with a shortlist and watchlist, going forward. The travel sector has a good presence in our watchlist, and we believe it is a matter of time until some travel stocks will be worth a position.
Over here, at InvestingHaven, we don’t care too much about fundamental analysis. We track prices, because the best (leading) indicators of prices are… prices.
In working out our shortlist (stocks that are ready to start a momentum trend) and watchlist (stocks that show early pre-momentum signs) we did find that clean energy is, by far, the sector that is most constructive. We discussed this in The Clean Energy Super Cycle For Mega Profits In 2021 And Beyond. Another sector that is not as advanced but looks to be improving is travel and hospitality.
Tripadvisor, if anything, is on the right path to become a leader in the not too distant future, unless its nice setup will invalidate.
A bit more advanced is Hilton Worldwide Holdings.
American Airlines is improving, not quite there yet.
We keep a very close eye on the travel sector, and are ready to initiate a position in our Momentum Investing portfolio only when we believe the timing is right!
