Amanda Serrano seeks redemption against Katie Taylor in their trilogy bout at Madison Square Garden. Serrano believes she was robbed in their previous two encounters, which Taylor won via judges' decisions. Taylor, a 2012 Olympic gold medalist and four-time junior welterweight champion, will defend her titles. Serrano aims to fight smarter and prove that she won their previous bouts.
The Leisure and Recreation Services industry has been gaining traction, driven by optimized business processes, consistent partnerships, and digital initiatives. Robust demand for concerts, easing trade tensions, and strong bookings for cruise operators are supporting the industry's growth. Investor sentiment has improved following the easing of trade tensions between the United States and China, sparking optimism about potential trade agreements with other countries. The combination of easing global trade tensions and signs of slowing inflation has helped ease concerns about a potential slowdown in the U.S. economy.
The cruise industry, in particular, is benefiting from strong demand for cruising and accelerating booking volumes. Strong pricing for closer-in-demand cruises and solid onboard spending are positive indicators for the industry. Additionally, the theme park industry is benefiting from improving visitation rates. Theme park operators have been gaining from improving visitation.
Five leisure and recreation stocks have been identified that offer solid near-term price upside. These stocks are: Carnival Corporation & plc (CCL), Manchester United plc (MANU), The Marcus Corp. (MCS), Madison Square Garden Sports Corp. (MSGS), and Pursuit Attractions and Hospitality Inc. (PRSU). Each of these picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy) [1].
Carnival Corporation & plc (CCL) is benefiting from sustained demand strength, increased booking volumes, higher onboard revenues, and cost discipline. The company raised its full-year 2025 guidance, supported by operational efficiency and strategic growth initiatives. Carnival's focus on new ship additions, fleet optimization, and investing in new marketing campaigns on the back of global demand trends bodes well for the stock. The company has an expected revenue and earnings growth rate of 5.4% and 38%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved by 5.9% in the last 30 days [1].
Manchester United plc (MANU) operates a professional sports team in the United Kingdom and is involved in marketing and sponsorship relationships with international and regional companies. The company also markets and sells sports apparel, training and leisure wear, and other clothing. Manchester United has an expected revenue and earnings growth rate of 9.6% and 56.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved by more than 100% in the last 30 days [1].
The Marcus Corp. (MCS) is engaged in the lodging and entertainment industries. The company operates through two segments: Movie Theatres and Hotels and Resorts. The Marcus has an expected revenue and earnings growth rate of 5.2% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved by 21.2% in the last 60 days [1].
Madison Square Garden Sports Corp. (MSGS) owns and operates a portfolio of assets, including the New York Knickerbockers of the NBA and the New York Rangers of the NHL. MSGS has an expected revenue and earnings growth rate of 6.5% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved by 63% in the last 60 days [1].
Pursuit Attractions and Hospitality Inc. (PRSU) is an attraction and hospitality company that owns and operates hospitality destinations in the United States, Canada, and Iceland. PRSU has an expected revenue and earnings growth rate of 6.2% and 11%, respectively, for the next year. The Zacks Consensus Estimate for next-year earnings has improved by 28.6% in the last 60 days [1].
The industry's outlook is promising, with several stocks offering potential for solid near-term price upside. Investors should closely monitor these stocks and consider their growth prospects in the context of the broader economic environment.
References:
[1] https://www.nasdaq.com/articles/buy-5-leisure-and-recreation-stocks-amid-solid-short-term-price-upside
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