This Industry is Bringing Up the Rear of the COVID Comeback Plays
With more than 50% of the population vaccinated in the U.S., even the stocks that were most impacted by the pandemic are seeing the light at the end of the tunnel.
Since the pandemic first tanked the market in March 2020, traders have been keeping tabs on some of the most beaten down stocks in the market.
These have been the industries that have been most negatively affected by COVID-19 – like travel.
And with the massive effort being made in the U.S. to vaccinate the population as quickly as possible, we’re already starting to see some major comebacks.
The U.S. Global Jets ETF (JETS) is up over 55% since October 2020.
Leisure and entertainment stocks have surged, giving the Invesco Dynamic Leisure and Entertainment ETF (PEJ) a 49% gain in the same timeframe.
But there’s one industry that’s been slower than most to reap the benefits of the travel and leisure recovery.
This could be one of your last opportunities to score big profits from the post-Covid comeback.
And I’ve got one name in particular that is starting to make some waves.
Where’s the money?
Shortly after the outbreak of COVID-19 first began, headlines ran in nearly every major publication about cruise ships that were forced to quarantine for days or even weeks over concerns of the spread of the new disease in such close quarters.
Horror stories emerged from ships like the Diamond Princess in which passengers were stuck onboard for more than two weeks with little information on when they would be able to disembark.
Every major cruise line suspended operations shortly thereafter, and cruise stocks were some of the most severely punished in the market. In total, cruise lines suffered an estimated $50 billion in losses by September 2020.
But while airlines, hotels, casinos, and other travel and leisure stocks have enjoyed a quick bounce back this year, cruise liners have been slow to recover. Some of that can be attributed to the continued lack of available bookings.
But that could soon be changing…
How do I get some?
Yesterday, Norwegian Cruise Line Holdings (NCLH) announced that it plans to resume sailing from U.S. ports again by August 2021.
Norwegian joins rivals Carnival Corporation & plc (CCL) and Royal Caribbean Group (RCL) in returning to U.S. shores this summer.
While it is still too early to tell if vacationers will be eager to step aboard a cruise ship again after 2020, there’s a huge profit potential here.
NCLH is still currently trading over 48% off the highs it held in December 2019. Even if the demand isn’t quite what it was back then, we could still see a big move for the stock with the additional revenue.
But I believe that the amount of cruise bookings will exceed a lot of expectations.
People have been at home for a long time now, and with 50% of all Americans vaccinated I think the cruises are going to be packed from pent-up demand.
I think the “reopening names” get bought on any pullbacks this summer, and cruise liners are one of the best discounts left.
NCLH is my favorite name in the space, and I expect big things as we round the corner on the pandemic.
Recovery Plays are Just Scratching the Surface of Opportunities This Year…
2021 has already been full of opportunities, and my Super Options readers and I have been taking advantage.
I’m talking about profits like:
- 94% in one day on American Airlines…
- 78% in one day on Tilray…
- 160% in one day on Twitter…
- 246% in one day on Charles Schwab…
And that’s just one of many profitable trades we’ve closed this year – and many more are on the way.
We have a lot of exciting things coming up, and I want you to be on board when it’s time to reveal the next big winner. Click here now to reserve your spot.
In the Spotlight: Another Recovery Opportunity
There’s another catalyst even that could give yet another industry that’s been beaten down by the pandemic a fresh surge.
U.S.-based casino stocks have been buoyed in recent month with expanded sports gambling, but even now most casinos are still operating at 50% capacity.
But this week, casino investors got some great news.
Nevada governor Steve Sisolak announced yesterday that casinos can begin operating at full capacity again on June 1.
The move is yet another milestone in the COVID recovery story, and should provide a big boost for stocks like MGM Resorts International (MGM), Las Vegas Sands Corp. (LVS), and others.
I’ll be keeping a lookout for any good buying opportunities in this industry that’s poised to see revenue spike in the coming months, so keep an eye out for more from Profit Pregame.