3 Stocks That Will Benefit From a Rebound in Holiday Travel [The Motley Fool]
Magellan Midstream Partners L.P. Limited Partnership (MMP)
Last magellan midstream partners l.p. limited partnership earnings: 5/1 08:00 am
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Source: The Motley Fool
According to the American Automobile Association (AAA), . million people will travel for the Thanksgiving holiday. That's up % from 00 and within % from its pre-pandemic level in 09. Even more people will travel for the upcoming holidays over the next few weeks.This rebound in travel bodes well for companies with ties to thetravel sector.Magellan Midstream PartnersNYSE:MMPTravelCenters of AmericaNASDAQ:TADelta Air LinesNYSE:DALImage source: Getty Images.The right pipesReuben Gregg Brewer(Magellan Midstream Partners):Midstream companiesMagellan Midstream, amaster limited partnershipYChartsAnd this realignment helps explain why Magellan increased its distribution in the fourth quarter after holding it steady for seven consecutive quarters. The MLP has now increased its distribution every year since its initial public offering (IPO)dividend-focused investorsPacked pitstopsMatt DiLallo(TravelCenters of America):I was one of the millions of Americans who hit the open road this Thanksgiving
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