/biz/ - Business & Finance

Anonymous Sat Feb 27 03:05:38 2021 No.29821132 [View]
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>>29820823
>Tourism is one of the few decent sectors to be in right now.
I disagree completely. Basically all tourism companies are running at a massive loss and will run at a massive loss till at least 2023. And many of these companies will go bankrupt in the near future.
Look at LUV. Back in February they were at 55 dollars. Now it's 58.

Most tourism stocks should be close to nothing right now and I can promise you that many of them will disappear within the next few years.

Only a few like ABNB deserve high prices, as they earn money and can buy up the struggling competition.

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