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Stock impact report

10 Leisure and Recreation Services Stocks to Buy [Yahoo! Finance]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
Company Research Source: Yahoo! Finance
During the market downturns of the last five years, the leisure and recreation industry bore the brunt of the damage. Nevertheless, the industry showed resilience over the years and its comeback was stellar. The industry underperformed the broader market in 2023, with The Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) returning just over 15% returns, compared to the S&P 500's 25%. However, it has gotten back on its feet from October 2023 lows. Over the last six months, the S&P 500 is up 21.7%, while Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) is over 27% higher, as of April 25. Key Stock Trends Reflecting Strong Consumer Spending Despite the ups and downs in the market, US consumer spending has remained robust. On April 16, Bank of America Corporation's (NYSE: BAC ) president, Brian Thomas Moynihan told CNBC on April 16 that contrary to expectations, the consumer's spending power and wages managed to keep pace with inflation. He added that while the spending has sl Show less Read more
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