Stockchase Opinions

Larry Berman CFA, CMT, CTA Harvest Travel & Leisure Index ETF TRVL-T COMMENT Feb 01, 2021

Some gambling and travel stocks that is a way to play re-opening. It's a bet on people going back to having fun and traveling around.
$18.840

Stock price when the opinion was issued

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BUY ON WEAKNESS

The travel industry will come back. In terms of business travelling, there will be less at least in the next couple years. There are vaccines coming but it will not be as simple as flipping a switch. You would buy the dips. TRVL is a way to play the whole travel industry.

BUY ON WEAKNESS
Markets are front running by 6 -12 months. If it thinks the economy will open up in 6-12 months, it will start reacting. These stocks have already taken off after the promising vaccine news back in November. Would look at individual names since there will be bifurcated recovery. Could buy the dips of this ETF.
BUY
A good way to get exposure to Canadian travel industry. Expect high volatility. Likes the recovery theme within the sector (good risk and return).