Skip to main content

Book Your Trip, Buy Your Stocks

December 5, 2024

Traveling is one of life's greatest joys—getting to know new places, cultures, and food never gets old.

I've been lucky to visit some incredible spots like the UK, the south of France, Chicago, San Diego, Madrid, Rome and my all-time favorite: New York City. As a 27-year-old Venezuelan, I feel that place is just electric.

But travel isn't just fun—it's also a hot theme in the market right now.

Travel stocks have been some of the biggest winners since the market bottomed this summer, showing how strong the consumer economy is.

These are the kinds of stocks that thrive when the economy and markets are doing well.

The Defiance Hotel, Airline, and Cruise ETF $CRUZ does a great job of illustrating the recent strength in this area.

The ETF has been ripping in a near-vertical line in recent months, breaking out of a massive base to fresh all-time highs.

For travel stocks, the path of least resistance is finally higher.

As long as this group keeps climbing, it's a solid sign that the market and consumers are in great shape.

So book that trip, hop on a plane, and soak it all in. You might even run into me out there!

Alfonso.

Filed Under: