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ABNB

ABNB US Stock
$170
Open: $178.78 High: $179.2 Low: $165.52 Close: $169.98
Range: 2021-04-19 - 2021-04-20
Volume: 7,591,240
Market: Extended-hours
Powered by Finage Stock APIDelayed data
ABNB
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ABNB News
Latest news about the ABNB
  • Vacasa CEO sees an 'epic summer' for vacation rentals

    The COVID-19 pandemic has supercharged the market for short-term vacation rentals, and experts say demand is showing no signs of slowing down.

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  • Airbnb, Inc. (ABNB) Dips More Than Broader Markets: What You Should Know

    Airbnb, Inc. (ABNB) closed the most recent trading day at $176.43, moving -0.85% from the previous trading session.

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  • 5 at 5: Your Daily Digest for Real Estate Investing, 4/14/21

    COVID-19 relief moving slowly, multifamily market not near normalcy, local governments target Airbnb over taxes, the Manhattan market, and learning to love a W.P. Carey downgrade. The Wall Street Journal reports [subscription required] that overwhelmed state and local authorities are grappling with how to allocate $25 billion in federal rental relief, leaving many tenants and landlords waiting weeks or months for their share. The Millionacres takeaway: This reality is unsettling to the millions of renters and landlords alike who were hoping for some quick relief as they struggle to make ends meet in these early days of what we hope is recovery from the coronavirus plague.

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  • 5 Stocks to Teach You Rule Breaker Investing

    The days are warming, the cherry trees are in peak bloom, and in this episode of Rule Breaker Investing, Motley Fool Co-Founder David Gardner is back with an A-list of stocks that spell out the six traits of a Rule Breaker. Find out what they are, why they are set up for success, and how you can become a better Rule Breaker investor. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.

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  • This Startup Helps Landlords Generate Extra Income From Parking Spaces

    Another clever proptech startup is gaining traction. Spun out of Boston University, Parkaze helps landlords generate extra income from parking spaces.

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  • Is Airbnb Stock a Buy?

    Following the cash flows highlights one of Airbnb's greatest opportunities -- and exposes one of its greatest risks.

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  • IPO Investing Could Be About to Get Much Easier

    IPO investing -- especially when it comes to the hottest offerings -- has historically been the realm of institutions and wealthy investors. However, we recently learned that two fintech disruptors plan to bring IPO investing to their millions of customers.

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  • Airbnb, Inc. (ABNB) Gains But Lags Market: What You Should Know

    Airbnb, Inc. (ABNB) closed the most recent trading day at $180.18, moving +0.13% from the previous trading session.

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  • Former Disney CEO Michael Eisner to take trading card company Topps public in $1.3 billion SPAC deal

    Topps will become a public company again with the help of former Disney CEO Michael Eisner and top Wall Streeter Jason Mudrick.

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  • 3 Top Travel Stocks to Watch in April

    If you're thinking about traveling again you may as well start thinking about travel stocks, too.

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  • PSTH Stock Is Ideally Placed Before Inevitable Megamerger

    Recently, Pershing Square Tontine Holdings (NYSE:PSTH) was a casualty of the selloff in the hot electric vehicle (EV) space and tech sector. Right now, shares of the special purpose acquisition company (SPAC) are down about 28% from PSTH stock’s 52-week high of $34.10. Source: Dmitry Demidovich/ShutterStock.com The pressure is finally getting to these risky SPAC plays. While the broader tech sector is now recovering, PSTH is still trading at a deep discount. But that makes for an excellent buying opportunity, since the SPAC’s sponsor is a legendary value investor and the CEO of Pershing Square Capital. Of course, I’m talking about Bill Ackman. In 2020, Ackman’s hedge fund returned 70% on investments, handily outpacing his 2019 record of approximately 58% as well as the S&P 500. At the height of the pandemic, he thought of liquidating Pershing’s entire portfolio. Instead, though, he opted for a strategy that ended up turning $27 million into a $2.6 billion return. That should help you understand the initial excitement that surrounded PSTH stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips At this point for the SPAC, though, its fast-approaching July merger-target deadline is now working against it. That has investor anxiety increasing. But there’s still plenty of time for the company to find a viable target. In fact, InvestorPlace contributor Tom Taulli recently put together an insightful list of potential candidates. 7 Cheap Stocks with Growing Tailwinds So, in my opinion, betting against PSTH in the current environment would not be prudent. PSTH Stock Is Trading at an Attractive Price Several SPAC stocks have lost a lot of steam recently. For PSTH stock, though, the lack of a merger target is adding fuel to the fire. Time is running out. And with Stripe and Airbnb (NASDAQ:ABNB) now out of the question, investors are getting cold feet. Even though Ackman is one of the greats, skepticism is rife. However, there are still more reasons to stay invested at this crucial stage. Like I said, Ackman is one of the greats. As Josh Enomoto aptly put it, “SPACs often live or die by their sponsors.” Putting it that way, PSTH stock is still an enticing bet. Plus, it’s just not like other SPACs. According to its S-1 form, the company is looking, “to facilitate the recapitalization and public offering of a Mature Unicorn on terms that will generate attractive returns.” In a nutshell, the merger target is supposed to be a startup worth over $1 billion. It should also have reliable, strong revenue streams. Most of the time, SPACs are bringing EV and fintech startups to the market. At their early stages, these firms don’t have a robust operating model or stable income. Plus, they often take years to consolidate their positions within their respective industries. In contrast, Ackman is on the lookout for big, established private companies. What Went Wrong So, with PSTH stock checking those boxes, why are shares trending lower? Well, as we’ve established, investors are unhappy that there’s no merger target yet. Plus, the company has had a few misses as well: Stripe and Airbnb were touted as targets until things fell through. Stripe is out of the equation because of a $600 million funding round that raised its valuation to $95 billion. Meanwhile, Airbnb decided to debut on its own in a blockbuster initial public offering (IPO). Last October, though, the New York Post reported that Michael Bloomberg and Ackman were in talks to take a portion of the Bloomberg media empire public through PSTH. We have not seen major traction on that end. However, Bloomberg is exactly the kind of merger target Ackman is looking for. Recently, InvestorPlace Web Editor Sarah Smith pointed out how this could be an excellent investment for Ackman considering the $44 billion megamerger between S&P Global (NYSE:SPGI) and IHS Market (NYSE:INFO). This was a huge deal in 2020 and shows the value of financial data. So, the prospect of taking a slice of Bloomberg public is an exceptional opportunity. There are also rumors that PSTH could even take Starlink public instead. An Elon Musk venture, Starlink hopes to provide internet access across the globe through private satellites. Rumors aside, though, the bottom line is that PSTH still has several options. Many of these candidates could still be a good fit as a merger target for Pershing Square. Wrong Time to Bow Out To the investors exacerbated by PSTH stock, I hear you. Bill Ackman is cutting it close and time is not on his side. Plus, we recently saw that Richard Branson-backed VG Acquisition’s (NYSE:VGAC) merger announcement with 23andMe wasn’t received well. VGAC stock is down nearly 11% in the last three months. Hence, even the best of investors can make mistakes. However, at this stage, I would still be willing to bet on Ackman based on his track record. As we get closer to July, the anxiety will undoubtedly rise. But even a small position in PSTH has potential to double once a deal is announced — and that should be soon. After all, Ackman has already announced Pershing Square Tontine Holdings II and we should not forget that he was the man behind Justice Holdings. That’s the SPAC that brought Burger King to the markets years back. Bill Ackman is not new to the game and he has a reputation to protect. So, PSTH stock is still worth a place in your portfolio. On the date of publication, Faizan Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post PSTH Stock Is Ideally Placed Before Inevitable Megamerger appeared first on InvestorPlace.

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  • Airbnb Stock Has Too Much Going Against It to Be This Expensive

    Shares of the short-term rental marketplace Airbnb (NASDAQ:ABNB) have held up nicely after its blockbuster IPO. ABNB stock was up a healthy 23% since its IPO back in December. Source: BigTunaOnline / Shutterstock.com It now trades at a parabolic valuation which is completely disconnected from its financials. Therefore, it’s tough to get excited about ABNB stock at this time. The company recently reported its fourth-quarter results, where its net loss widened to $3.89 billion from a $352 billion loss in the same period last year. Additionally, revenues fell 22% year-over-year to $859 million, and gross bookings value also took a major hit, down 31% year-over-year in the quarter.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More importantly, the management remarked on the lack of growth trends in 2021. 7 Cheap Stocks with Growing Tailwinds Airbnb’s business model has depth and has plenty of room for more future growth. Regardless of that notion, it trades at unfathomable levels, which limits its attractiveness at this time. Tightening Regulations Tightening regulations could potentially constrain Airbnb’s business model. Every city has its own rules and regulations with regards to short-term rentals. Additionally, the hotel industry has been lobbying for the authorities to tighten the screws on Airbnb in line with other short-term lodging providers. As more cities and states in the U.S. impose stricter regulations, we could see Airbnb losing out on a substantial share of revenues. For example, Airbnb lost its largest market in 2018 when New York banned the company. A massive amount of revenue has to pour in from illegal listings from the New York City area. However, with the new laws in place, the NYC hosts could face fines up to $2500 per day and $7500 per illegal listing. Such fines will most certainly deter hosts to list on the platform illegally. Additionally, Atlantic city recently passed legislation directly impacting short-term rentals. These laws primarily cover licensing fees and other regulatory requirements. Moreover, San Francisco appears to have followed a similar model to New York. Rentals from the platform are only allowed if the hosts are full-time residents, are registered with the city and the rentals are capped at 90 days. Santa Monica, Calif. has also instituted some strict regulations that essentially wiped away roughly 80% of Airbnb listings in the area. However, the restrictions are not only limited to the U.S. You have major cities in Europe, such as Paris, Barcelona, Berlin, Amsterdam and others, that have instituted some significant constraints on the workings of Airbnb. Lofty Valuation Click to EnlargeSource: Muslim Farooque Perhaps the most significant point against buying ABNB stock is its valuation. We can see the profitability and price to sales ratio for ABNB and its peers from the table. Gross margins have been impressive for ABNB. A large part of its healthy revenue growth in the past several years has consistently outperformed the market. Additionally, its leveraged free cash flow margins are also impressive and second only to Expedia (NASDAQ:EXPE). However, we can see that its EBITDA margins are at a deplorable negative 99%, which is head and shoulders above its competition. At the same time, its forward price to sales ratio is 22 times, which is nothing short of extraordinary. There is a high dispersion among analyst estimates for its ABNB stock’s price. The lowest estimate for the stock is at $130, which is roughly 29% lower than its current price. Similarly, its highest price estimate is $240, which is 31% higher than its current price. The stock is highly volatile and one which is significantly overvalued at this time. Final Word on ABNB Stock ABNB stock has held its own after a rollicking IPO back in December. The problem, though, is that it has flown too high and is at a point where it’s significantly overbought. Additionally, the weaknesses in its business model, particularly regarding its regulatory challenges, are becoming more apparent than ever. The lack of growth trends this year is another downer that further widens its bear case. Therefore, it’s best to avoid ABNB stock for now. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post Airbnb Stock Has Too Much Going Against It to Be This Expensive appeared first on InvestorPlace.

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  • Airbnb Is So Much More Than Just Hot Air as Tourism Ramps Up

    After a month of peaks and valleys, Airbnb (NASDAQ:ABNB) stock is poised to resume its uptrend. Source: BigTunaOnline / Shutterstock.com Markets are signaling a willingness to invest in the post-pandemic economy. Recently, markets shifted away from technology stocks and toward airline- and tourism-related stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The company’s strong earnings report bodes well for ABNB stock. Despite the travel restrictions last year, Airbnb posted promising fourth-quarter results. Investors have many positive takeaways from the report. ABNB Stock on the Rise Airbnb posted Q4 revenue falling 22.6% year-over-year to $859.26 million. It lost $11.24 a share on a GAAP basis. In its shareholder letter, the company said it is preparing for the travel rebound. As countries roll out the vaccine, Airbnb is perfecting its product and enhancing the end-to-end experience. 7 Cheap Stocks with Growing Tailwinds The better core service offerings for both hosts and guests will widen Airbnb’s competitive edge over hotel suppliers. For example, hosts monetize their real estate by collecting rent. In return, it offers customers the convenience of a place to stay, often at costs lower than hotels. Airbnb guests may search for places to stay on the website. They have more locations to choose from, too. ABNB becomes not only a top travel recovery play in the tourism sector but a long-term opportunity. The company appeals to a young demographic, suggesting years of upside revenue potential ahead. Quick Rebound Click to Enlarge Airbnb rebounded faster than the sector during the 2020 pandemic. Millions of guests wanted bookings that were closer to home. When domestic travel rebounded faster than international, the company asserted the business model’s resiliency. That strength will accelerate the 2021 travel rebound play. Airbnb’s main marketing message centers around who its customers travel with. It is less about where and when they go. So by centering its advertising and offers around the connections with people, ABNB shares have a strong upside ahead. On Wall Street, some analysts rate ABNB stock a “buy,” but many more rate it a “hold.” By the time this indecisive group realizes how effective the vaccine is against Covid-19, Airbnb stock will already have taken off. Investors need to get on board Airbnb before analyst upgrade their “hold” ratings to a “buy.” ABNB Stock Presents an Opportunity Airbnb’s strengthened balance sheet will give the company ample liquidity to fund its growth and operations. On March 2, the company offered a $2 billion convertible notes offering due 2026. It will also use the proceeds to pay off existing debt. The lower costs for financing debt plus the renewed demand for travel are positive catalysts. Valuations are still unfavorable and are a potential risk. The stock trades like a software company at around a 30 times price-to-sales multiple. Still, the company is embracing solutions including artificial intelligence in its operations. For example, it developed AI to assess guests’ trustworthiness. It will continue to test advanced technologies to lower fraud, increase guest safety, and enhance the overall guest and host experiences. Related Investments Investors could buy hotel stocks like Hilton Worldwide (NYSE:HLT) instead, but since they rallied alongside the post-pandemic rebound play, the upside is potentially limited. Expedia (NASDAQ:EXPE) also rallied in the last few months. It trades at favorable valuations compared to Airbnb. So, the alternatives are compelling if the market shuns ABNB valuations and bets on EXPE or Bookings (NASDAQ:BKNG) stock instead. As more of the population gets vaccinated, the upside from the travel rebound trade will shrink. Airbnb’s leading platform and willingness to test creative solutions in its business model will assure its long-term growth ahead. Disclosure: On the date of publication, Chris Lau did not have (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post Airbnb Is So Much More Than Just Hot Air as Tourism Ramps Up appeared first on InvestorPlace.

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  • Airbnb Among Hot Stocks To Buy Or Watch As Covid Cases Ease, Travel On Tap

    Hot stocks to buy or watch now include travel plays such as Airbnb, as Covid-19 cases ease and people look forward to getting away again.

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  • South Africa's Naspers hires Airbnb, Amazon veteran to lead global classifieds business

    Africa's largest company, Naspers Ltd, has hired a top Airbnb and former Amazon executive to lead its global online classifieds business, it said on Thursday, as the technology investor looks to shore up contributions from core businesses. The company's online classifieds business, clubbed under OLX Group, contributes 5% to overall revenues and is the biggest among an array of businesses such as payments and fintech, food delivery and education technology. However, its size is largely overshadowed by Naspers' blockbuster investment in Chinese tech giant Tencent Holdings, which owns China's biggest messaging app, WeChat, and accounts for more than three-fourths of its revenues.

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  • Zoom, Other WFH Tech Darlings, Risk User Exodus as the World Reopens

    (Bloomberg) -- Many internet companies posted record performance during the pandemic as consumers turned to apps and other cloud software to work, study, socialize and shop from home. But as vaccines roll out and restrictions relax, some of this unprecedented digital demand is fading.Data from research firm Apptopia reveal how the superstar apps of the Covid-19 era are faring now in the U.S. Plus, stats from New Zealand, a country that reopened earlier, show what the future might hold for these services.Here’s the main takeaway: Many well-known apps are losing ground, or usage has stabilized. Some behaviors are sticking, though, suggesting the pandemic will provide a more-permanent boost for a few internet companies.Check out more Apptopia data on the Bloomberg Terminal here Zoom Video Communications Inc.’s app has been so ubiquitous during the pandemic that it’s now a verb. Lately, though, workers complain of “Zoom fatigue,” and data from New Zealand are ominous. Usage has dropped in that country as employees and students return to offices and schools. Even in the U.S., where most offices remain virtual, Zoom use peaked in September. The company said recently it’s well positioned for strong growth.Microsoft Corp.’s Teams communication software was another work-from-home hit last year. That service has seen mobile app usage decline, too, especially in New Zealand. (This data excludes web users and some services are often accessed this way from company-issued laptops).Other staples of the virtual workplace are here to stay, according to Apptopia data. DocuSign Inc.’s app, which lets you sign contracts and other documents digitally, has seen consistently high usage lately. The app has become a popular way to close real-estate transactions, so it is likely getting an extra boost from the housing boom. A central question during reopening is whether the appetite for ultra-convenience will continue. Food delivery apps, such as those from DoorDash Inc. and Instacart Inc., have experienced continuously high usage in the U.S., even as Covid-19 cases declined in 2021. Amazon.com Inc.’s app is still growing strong, too. The data on Wayfair Inc., an online retailer of home goods that competes with Amazon, are less bullish. Usage of the company’s mobile app peaked in June and July as people relocated and set up home offices. There may be only so many office chairs people can buy — or limited cash left from stimulus checks. And as consumers venture outside more, they may pay less attention to home upgrades and spend money on other things.Social media apps have seen a steady increase in usage over the course of the pandemic as more people connect with each other digitally, rather than in person. Facebook Inc.’s main mobile apps, WhatsApp, Instagram and Facebook, collectively grew their U.S. daily active user base by almost 40 million between January 2020 and February 2021.Other social-media apps have seen similar gains in the U.S. Google’s YouTube remains above pre-pandemic levels. Pinterest Inc. is consistently growing as more consumers turn to the app for inspiration and tutorials. Snap Inc.’s Snapchat app, which is popular with teenagers, saw user growth surge as schools shut. Short video platform TikTok saw usage soar in the spring, likely for similar reasons as Snapchat: kids were not in school so had more time to spend online. TikTok also gained national attention in early July when Donald Trump threatened to ban the app, spurring a rush of downloads before it potentially disappeared. That didn’t happen, but the app is being used less now, according to Apptopia data. Travel restrictions are still common across the U.S., but travel apps are being used more than ever. Vacation rentals have been the star of the pandemic travel sector. Airbnb Inc., a home-sharing pioneer, has fared better than rivals as travelers take advantage of work-from-home opportunities, road-tripping to nearby mountain villages or beach towns, often booking longer stays than usual. While many are fantasizing about travel, Americans are still staying home more than they used to, according to Google Maps app data. A rebound is likely, though. In New Zealand, usage of Google Maps just eclipsed pre-pandemic levels. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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  • What Investors Need to Know About Airbnb's Latest Feature

    A lot of news has come out of Airbnb (NASDAQ: ABNB) since the pandemic started. According to a recent announcement from the company, Airbnb will now include a "Flexible Dates" option for guests booking on the platform. Do you currently own an Airbnb short-term rental?

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  • What Is a Direct Listing and How Is It Different From an IPO?

    Mobile gaming company Roblox (NYSE: RBLX) recently went public, but opted not to take the traditional IPO route. Instead, Roblox used a less common method of going public known as a direct listing. In this Fool Live video, recorded on March 11, Fool.com contributor Matt Frankel, CFP, gives investors an overview of the direct listing process, how it differs from a traditional IPO, and why several big-name companies have used it to go public in recent years.

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  • 7 Bellwether Stocks to Buy That Will Soar As Normalcy Nears

    The stock market seems to be pricing in a lot of “normality” into valuations across the board. Stocks aren’t cheap, with investor sentiment broadly bullish. That makes scouting out bellwether stocks, true signals our world is returning to pre-pandemic ways, a difficult task. Furthermore, what’s “normal” is a matter of subjective interpretation. However, when I think of what normal looks like, it looks a lot more like 2019. The pandemic has completely altered the way we live and work. In some ways good. Others, not so much. 7 Risky Stocks Ready to Roll on Reopening Here are 7 bellwether stocks to buy:InvestorPlace - Stock Market News, Stock Advice & Trading Tips American Air Lines (NASDAQ:AAL) Carnival (NYSE:CCL) Marriott International (NASDAQ:MAR) Nordstrom (NYSE:JWN) Darden Restaurants (NYSE:DRI) Planet Fitness (NYSE:PLNT) Airbnb (NASDAQ:ABNB) These are stocks that have shown resilience of late, and are mainly stocks that sold off dramatically when we entered the pandemic. Again, investors need to remember that the stock market right now is pricing in an incredible amount of growth coming out of this pandemic. However, for those bullish on an accelerated rebound coming out of this pandemic, these are stocks to take a look at right now. Bellwether Stocks to Buy: American Air Lines (AAL) Source: GagliardiPhotography / Shutterstock.com Thinking of taking a nice trip to Hawaii? I mean, without having to get tested and quarantine. Well, it appears investors seem to think we do. Indeed, pent-up demand for discretionary travel is expected to unleash a wave of travel demand the likes of which we haven’t seen in a very, very long time. If the current trajectory is any indication, it looks like travelers are already packing their bags and going, wherever they can. The U.S. has now had 11 consecutive days in a row of 1 million-plus travelers at U.S. airports, a staggering contrast to one year ago. Yes these numbers are still way down from 2019, but travel volumes right now are approximately triple that of this time last year. Indeed, American Airlines stock today certainly seems to represent some hope for investors. The company’s stock price has climbed nearly 270% from its pandemic lows. However, American Airlines stock continues to be significantly depressed from its all-time highs, as profitability was already on the decline prior to the pandemic. All that said, this is a stock to watch for investors focused on the future. If sentiment continues to grow more bullish for airlines, American Airlines could be one of the biggest beneficiaries. Carnival (CCL) Source: Ruth Peterkin / Shutterstock.com Another one of the best stocks to buy for those expecting sunny days ahead is Carnival. Like the other stocks on this list, Carnival took a harsh beating during the pandemic for good reason. Cruises all but ground to a halt, as a number of cruises were identified as major super-spreader events amid the onset of the pandemic. However, there’s good news. This is also a stock that has more than tripled from its pandemic-driven selloff last year. While Carnival continues to bleed cash, and is unlikely to get anything in the way of a bailout from the government, the company has been finding ways to make its way through the pandemic. Carnival has issued debt on a number of occasions. Taking on massive debt when a company’s cash flows are non-existent is never a good thing. However, the recent bond offerings were at a much more reasonable 7.6% yield, compared to the 12% bonds it was forced to issue at the onset of the pandemic. 7 Risky Stocks Ready to Roll on Reopening Indeed, many analysts believe the bond market is better at pricing risk than the equity market. From that perspective, things are looking much better for Carnival. There may be room for CCL shareholders to be optimistic still. Marriott International (MAR) Source: MariaX / Shutterstock.com The dramatic plunge in travel demand has affected more than airlines. Stocks in the hotel sector also fell off a cliff last March. Marriott International was certainly no exception. Just a year later and it’s as if the pandemic never happened. Stocks like Marriott are now trading right around pre-pandemic levels as investors pile into any turnaround play they can find. Indeed, sentiment appears to be broadly bullish for travel demand coming out of this pandemic. If you’re more bullish than the market, Marriott stock will be one to watch closely. The hotel sector will continue be heavily scrutinized in coming quarters. However, it appears Marriott has done a relatively good job of managing its core business during the pandemic. Indeed, one thing I like about Marriott right now is the fact this company’s debt load and share count have remained roughly the same through the pandemic. That’s good news for fundamental investors seeking stability in times of uncertainty. This is a stock that saw its revenue decline substantially (more than halved), though Marriott’s losses weren’t as bad as other travel-related sectors. Accordingly, the rebound in MAR stock may be more warranted than in a lot of other highly-cyclical plays right now. Nordstrom (JWN) Source: Jonathan Weiss / Shutterstock.com Higher-end retailer Nordstrom is a bellwether stock more than any of its retail peers. This is because a rather wide swath of retail stocks have been swept up by “meme stock” fever of late. But for whatever reason, Nordstrom appears to be a stock that was immune. Its products might be trendy, but JWN stock just can’t say the same. Rather, Nordstrom has been a retail stock with a stock chart that more closely approximates the other reopening plays right now. Its valuation is more reasonable than its retail meme stock peers, but with the same underlying growth thesis. As employment metrics (are expected to) continue to improving as we come out of this pandemic, high-end retail should do quite well. In fact, investors are betting on it. Nordstrom has actually performed decently well through the pandemic, due to its strong and growing e-commerce presence. In fact, I think this catalyst should bode well for those attempting to anticipate what the future may hold for the retail sector. 7 Risky Stocks Ready to Roll on Reopening Thus, the company’s more hybrid business model should approximate the market’s overall sentiment more closely than its retail brethren. Nordstrom is about as high-quality a retail pick as one can choose right now, so I think it’s an interesting one for fundamentals-oriented value investors to consider. Darden Restaurants (DRI) Source: Shutterstock Tired of eating at home? Dying to go out and eat with your friends, without having to wear a mask when you’re not sitting at the table? You aren’t alone. Darden Restaurants is a company that puts the “full” in full-service dining. Darden is the parent company of a range of household restaurant banners in the U.S. These include Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s. Pandemic-related restrictions have really put a damper on restaurant stocks over the past year. Yes Darden, like many of its economically-sensitive peers, has rebounded to pre-pandemic levels. However, Darden’s continued growth prospects really rely on the economic recovery turning out as planned. It appears the Biden Administration’s stimulus packages are assuaging concerns about muted discretionary spending in coming quarters. Indeed, investors appear ready to bet on restaurants returning to normal soon. Likewise, if we don’t see a return to normal, investors can bet their bottom dollar this will be reflected in stocks like DRI. Darden’s trading near its all-time high right now, so it’s pricing in a lot of growth. This appears to be a stock only for the biggest bulls out there today. Planet Fitness (PLNT) Source: Ken Wolter / Shutterstock.com The only pure-play gym chain on the stock market, Planet Fitness is certainly a bellwether stock for those considering what a return to normal looks like. Many of us may have put on more than a few pounds during the pandemic. In fact, a recent study showed more than 40% of Americans gained weight during the pandemic. Going back to the gym sounds like a great idea right now for many. Those who couldn’t afford a Peloton (NASDAQ:PTON) bike or a private trainer (so, a lot of us) are looking forward to getting back into the gym. As more restrictions are lifted state by state, expectations are rising that Planet Fitness and its gym peers may do well in this sort of environment. Accordingly, it appears right now investors are banking on a serious demand surge. 7 Risky Stocks Ready to Roll on Reopening It may be unsurprising to see Planet Fitness has more than doubled from its pandemic lows. It’s actually breached its all-time high earlier this year. Indeed, this is one of those stocks that has some pretty serious bullish sentiment built in today. For those wondering if tomorrow brings brighter days ahead, PTON stock sure screams “yes.” Airbnb (ABNB) Source: BigTunaOnline / Shutterstock.com Airbnb has grown to become a ubiquitous stocks in the travel sector. Anytime a company name gets used as a verb, you know it’s doing something right. Such is the case with Airbnb. This company’s innovative technologically-oriented solution for hospitality seekers has unsurprisingly taken a hit during the pandemic. However, unlike its peers on this list, the company went public less than a year ago. Thus, we’re unable to see what its stock price might have done pre-pandemic. Year-to-date, Airbnb has performed well. This stock has provided investors with a gain of more than 30%, amid an increasingly bullish post-pandemic outlook. Indeed, we’re all itching to get out and go somewhere. Even if that somewhere is a domestic destination (Airbnb is hoping so). As pandemic-related restrictions are lifted, ABNB stock should continue to reflect these increasingly bullish expectations in its stock price. Again, if things turn sour, this sentiment will likely be reflected in ABNB stock. It’s a stock with a tremendous amount of growth built into its valuation right now. Accordingly, Airbnb investors are perhaps more highly leveraged to the economic outlook than their peers. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post 7 Bellwether Stocks to Buy That Will Soar As Normalcy Nears appeared first on InvestorPlace.

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  • Remote Stay Preference By Vacationers Drive Airbnb's Valuations: Report

    Airbnb Inc’s (NASDAQ: ABNB) supply has more than doubled over the past four years, exceeding some of the traditional hotel chains in aggregate, Reuters reports based on AirDNA. The pandemic induced higher demand for short-term rentals with larger living space, and their remote location drove Airbnb’s performance compared to the traditional lodging industry. Airbnb’s global active listings rose 2.5% year-over-over in February 2021. The company noted over 5.4 million global active listings with higher rent availability compared to the aggregate 3.3 million units at hotel chains including, Marriott International Inc (NASDAQ: MAR), Hilton Worldwide Holdings Inc (NYSE: HLT), and InterContinental Hotels Group PLC (NYSE: IHG). Airbnb had 2.3 million units in 2017 beginning. The uptick in local travel and cost-cutting strategy spurred the company’s valuation compared to Marriott, Hilton, and Hyatt Hotels Corp (NYSE: H) amid the havoc wreaked by the pandemic on the travel industry. Airbnb also recorded a far less severe revenue decline than Expedia Group Inc (NASDAQ: EXPE) and Booking Holdings Inc (NASDAQ: BKNG). Price action: ABNB share prices traded higher by 0.22% at $176.55 on the last check Friday. See more from BenzingaClick here for options trades from BenzingaNetEase Cloud Music And Merlin Expand Partnership In ChinaZhihu Raises 2M From IPO, Private Placement At .5 Per Share© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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