These leisure stocks could put some extra money in your wallet if all goes well.
As the pandemic begins to cool off and people begin getting back into the normal flow of things, experts believe these three stocks will grow nicely for their investors.
According to Entrepreneur, here are some hot stocks you should consider purchasing if your already haven’t:
Netflix streaming service’s revenue has grown by a whopping 24% year-over-year at $7.16 billion. Netflix also has 208 million active paying memberships which represents a 13.6% increase year-over-year.
Penn National Gaming Inc.
Penn owns and runs over 40 gaming and racing properties in nearly 20 states. Additionally, Penn owns over 50,000 gaming machines, 1,300 table games, and 8,800 hotel rooms. One major shock about Penn was their business continued to grow even despite dealing with a pandemic and they plan to release it’s Barstool Sportsbook mobile app on iOS and Android, something sure to excite gamblers.
While the pandemic certainly shut down business for Carnival Cruise Line, it has bounced back nicely since then. Carnival reported a 45% gain in booking volume and they have cumulative advanced bookings for 2022 meaning more people than ever will be enjoying their wonderful and affordable vacations. CEO Arnold Donald gave a promising update on the company and said, “We have liquidity well into next year and, more importantly, well into the ability to get our full fleet up and going and then we’ll have cash generation.”
*Disclaimer: All content provided by this newsletter is for informational and educational purposes only and is not meant to represent trade or investment recommendations.