Opinions
Larry Berman CFA, CMT, CTA
Harvest Travel & Leisure Index ETF
TRVL-T
BUY ON WEAKNESS
Jun 14, 2021
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.
$22.170
Stock price when the opinion was issued
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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.
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