Latest news with #MattBoss
CNBC
6 days ago
- Business
- CNBC
JPMorgan's Matt Boss: Gap is not trading on fundamentals
Matt Boss, JPMorgan retail analyst, joins CNBC's 'Squawk on the Street' to discuss reactions to Gap earnings after shares of the company fell on comments from the CEO about tariff impact.
Yahoo
09-04-2025
- Business
- Yahoo
Is Viking Holdings Ltd (VIK) the Best Cruise Stock to Buy According to Hedge Funds?
We recently published a list of . In this article, we are going to take a look at where Viking Holdings Ltd (NYSE:VIK) stands against other best cruise stocks to buy according to hedge funds. The cruise industry is on the path to recovery after plunging during the Covid-19 pandemic. The Cruise Lines International Association (CLIA) reported that around 35.7 million passengers were anticipated to set sail in 2024, reflecting a 6% growth over 2019. JP Morgan reported that major cruise lines globally benefitted from a successful 2024 wave season, which falls between January and March. In fact, JP Morgan iterated that the annual number of cruise passengers is also expected to surpass pre-COVID levels from 2023 to 2027. Matt Boss, Head of Leisure and Retailing at J.P. Morgan, said the following about the optimistic cruise industry outlook: 'An important point underscoring our more constructive view of the cruise industry post-pandemic is market share gains from the larger $1.9T global vacation market and accelerated new-to-cruise customer acquisition. Demand remains robust, with not a single historical lead indicator in the business, notably booking curve and onboard spend, signaling any softening.' In the past, baby boomers were at the center of the cruise industry's core consumer base. This trend is, however, changing with the rise of young travelers. According to CLIA, 73% of millennials and Gen X travelers said that they would consider a cruise vacation. According to Grand View Research, the global cruise market had a size of $7.67 billion in 2022. It is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% between 2023 and 2030, primarily due to the rising popularity of cruise vacations among younger demographics. The more affordable nature of these vacations is another significant factor attributed to this growth. READ ALSO: and . On March 27, investment firm Exane BNP Paribas' analysts expressed bullish sentiments on the cruise industry's long-term outlook, stating that they anticipate cruise net yields to rise steadily in 2025 and 2026. The positive outlook was attributed to strong demand and new revenue drivers for the industry, such as private islands. Exclusive destinations such as private islands allow cruise lines the room to upsell guests on experiences at around $125 per day per person. This is a tailwind for cruise companies devising innovative ways to generate more value for cruisers and raise profits. The firm also highlighted favorable demographics to support its bullish stance, along with the potential to gain market share in the global vacation market worth around $2 trillion. Exane BNP Paribas opined that cruise lines will likely benefit from rising demand and limited supply growth, which are expected to strengthen pricing power. In addition, digital innovations are helping cruise companies grow onboard spending and enhance customer experiences. According to the firm, these factors are likely to lead to more earnings growth for the industry. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 20 cruise stocks and chose the top 12 most popular among hedge funds as of Q4 2024. The list is ordered in ascending order of hedge fund sentiment. We sourced the hedge fund sentiment data from Insider Monkey's database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders: 52 Viking Holdings Ltd (NYSE:VIK) offers destination-focused journeys on lakes, oceans, and rivers across the globe. Its offerings include travel experiences on all seven continents across the three cruise industry categories: ocean, river, and expedition cruising. Its fleet encompasses 58 longships, two expedition ships, and 11 ocean ships. Viking Holdings Ltd (NYSE:VIK) has delivered notable gains so far in 2025 primarily due to the several top rankings it attained in the US News & World Report's 2025 Best Cruise Line awards. The company also reported solid 2024 results, driven by a 6.3% growth in capacity and a healthy customer demand which was reflected in a net yield increase of 7.4%. Viking Holdings Ltd (NYSE:VIK) also reported a 14% year-over-year increase in its adjusted gross margin to more than $3.5 billion. Its strong results, disciplined approach to expenses, and focus on operational efficiency allowed the company to attain an adjusted EBITDA of $1.3 billion, up 23.7% from 2023. It also managed its balance sheet, ending 2024 with a 40.8% return on invested capital and net leverage of 2.4 times. In a report released on March 21, Stephen Grambling from Morgan Stanley maintained a Buy rating on Viking Holdings Ltd (NYSE:VIK) with a price target of $49.00. Overall, VIK ranks 6th on our list of best cruise stocks to buy according to hedge funds. While we acknowledge the potential for VIK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VIK but trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
Why Royal Caribbean Cruises (RCL) Is Among the Best Cruise Stocks to Buy According to Hedge Funds
We recently published a list of . In this article, we are going to take a look at where Royal Caribbean Cruises Ltd. (NYSE:RCL) stands against other best cruise stocks to buy according to hedge funds. The cruise industry is on the path to recovery after plunging during the Covid-19 pandemic. The Cruise Lines International Association (CLIA) reported that around 35.7 million passengers were anticipated to set sail in 2024, reflecting a 6% growth over 2019. JP Morgan reported that major cruise lines globally benefitted from a successful 2024 wave season, which falls between January and March. In fact, JP Morgan iterated that the annual number of cruise passengers is also expected to surpass pre-COVID levels from 2023 to 2027. Matt Boss, Head of Leisure and Retailing at J.P. Morgan, said the following about the optimistic cruise industry outlook: 'An important point underscoring our more constructive view of the cruise industry post-pandemic is market share gains from the larger $1.9T global vacation market and accelerated new-to-cruise customer acquisition. Demand remains robust, with not a single historical lead indicator in the business, notably booking curve and onboard spend, signaling any softening.' In the past, baby boomers were at the center of the cruise industry's core consumer base. This trend is, however, changing with the rise of young travelers. According to CLIA, 73% of millennials and Gen X travelers said that they would consider a cruise vacation. According to Grand View Research, the global cruise market had a size of $7.67 billion in 2022. It is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% between 2023 and 2030, primarily due to the rising popularity of cruise vacations among younger demographics. The more affordable nature of these vacations is another significant factor attributed to this growth. READ ALSO: and . On March 27, investment firm Exane BNP Paribas' analysts expressed bullish sentiments on the cruise industry's long-term outlook, stating that they anticipate cruise net yields to rise steadily in 2025 and 2026. The positive outlook was attributed to strong demand and new revenue drivers for the industry, such as private islands. Exclusive destinations such as private islands allow cruise lines the room to upsell guests on experiences at around $125 per day per person. This is a tailwind for cruise companies devising innovative ways to generate more value for cruisers and raise profits. The firm also highlighted favorable demographics to support its bullish stance, along with the potential to gain market share in the global vacation market worth around $2 trillion. Exane BNP Paribas opined that cruise lines will likely benefit from rising demand and limited supply growth, which are expected to strengthen pricing power. In addition, digital innovations are helping cruise companies grow onboard spending and enhance customer experiences. According to the firm, these factors are likely to lead to more earnings growth for the industry. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 20 cruise stocks and chose the top 12 most popular among hedge funds as of Q4 2024. The list is ordered in ascending order of hedge fund sentiment. We sourced the hedge fund sentiment data from Insider Monkey's database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An aerial view of a luxurious cruise ship, surrounded by the blue horizon. Number of Hedge Fund Holders: 58 Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company that owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company also holds an interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. Royal Caribbean Cruises Ltd. (NYSE:RCL) offers a range of global itineraries across around 1,000 destinations on all seven continents. The company reported $3.76 billion in revenue in fiscal Q4 2024, reflecting a 13% growth over the same period in 2023. It also nearly doubled its headline net income, standing at $533 million. On a non-GAAP per-share basis, Royal Caribbean Cruises Ltd. (NYSE:RCL) reported a 30% higher bottom-line profit at $1.63. The company recently announced the launch of Celebrity River Cruises, a premium river cruise vacation brand with 10 ships in its initial fleet. The brand is expected to begin sailing in 2027, lending it a positive light. On March 17, JPMorgan added Royal Caribbean Cruises Ltd. (NYSE:RCL) to the firm's Analyst Focus List while keeping an Overweight rating on the shares with a $298 price target. The analyst told investors in a research note that the firm's 'bottom-up build' points to a potential fiscal 2027 EPS power of $25, which surpasses management's $20.39 'Perfecta Plan target.' Overall, RCL ranks 3rd on our list of best cruise stocks to buy according to hedge funds. While we acknowledge the potential for RCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RCL but trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
Expedia Group, Inc. (EXPE): Among the Best Cruise Stocks to Buy According to Hedge Funds
We recently published a list of . In this article, we are going to take a look at where Expedia Group, Inc. (NASDAQ:EXPE) stands against other best cruise stocks to buy according to hedge funds. The cruise industry is on the path to recovery after plunging during the Covid-19 pandemic. The Cruise Lines International Association (CLIA) reported that around 35.7 million passengers were anticipated to set sail in 2024, reflecting a 6% growth over 2019. JP Morgan reported that major cruise lines globally benefitted from a successful 2024 wave season, which falls between January and March. In fact, JP Morgan iterated that the annual number of cruise passengers is also expected to surpass pre-COVID levels from 2023 to 2027. Matt Boss, Head of Leisure and Retailing at J.P. Morgan, said the following about the optimistic cruise industry outlook: 'An important point underscoring our more constructive view of the cruise industry post-pandemic is market share gains from the larger $1.9T global vacation market and accelerated new-to-cruise customer acquisition. Demand remains robust, with not a single historical lead indicator in the business, notably booking curve and onboard spend, signaling any softening.' In the past, baby boomers were at the center of the cruise industry's core consumer base. This trend is, however, changing with the rise of young travelers. According to CLIA, 73% of millennials and Gen X travelers said that they would consider a cruise vacation. According to Grand View Research, the global cruise market had a size of $7.67 billion in 2022. It is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% between 2023 and 2030, primarily due to the rising popularity of cruise vacations among younger demographics. The more affordable nature of these vacations is another significant factor attributed to this growth. READ ALSO: and . On March 27, investment firm Exane BNP Paribas' analysts expressed bullish sentiments on the cruise industry's long-term outlook, stating that they anticipate cruise net yields to rise steadily in 2025 and 2026. The positive outlook was attributed to strong demand and new revenue drivers for the industry, such as private islands. Exclusive destinations such as private islands allow cruise lines the room to upsell guests on experiences at around $125 per day per person. This is a tailwind for cruise companies devising innovative ways to generate more value for cruisers and raise profits. The firm also highlighted favorable demographics to support its bullish stance, along with the potential to gain market share in the global vacation market worth around $2 trillion. Exane BNP Paribas opined that cruise lines will likely benefit from rising demand and limited supply growth, which are expected to strengthen pricing power. In addition, digital innovations are helping cruise companies grow onboard spending and enhance customer experiences. According to the firm, these factors are likely to lead to more earnings growth for the industry. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 20 cruise stocks and chose the top 12 most popular among hedge funds as of Q4 2024. The list is ordered in ascending order of hedge fund sentiment. We sourced the hedge fund sentiment data from Insider Monkey's database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). People interacting with a travel website, searching for the perfect destination. Number of Hedge Fund Holders: 72 Expedia Group, Inc. (NASDAQ:EXPE) is an online travel company that provides travel products and services to corporate and leisure travelers. It operates through the B2C, B2B, and Trivago segments. The company's offerings include cruise vacations, vacation packages, all-inclusive resorts, coach and rail tours, and more. Expedia Group, Inc. (NASDAQ:EXPE) outperformed analyst expectations with its fiscal Q4 2024 results, reporting an adjusted EPS of $2.39 and surpassing the forecast of $2.09 by 14.4%. Its revenue reached $3.184 billion, exceeding the expected $3.070 billion. The solid performance was attributed to increased travel demand. In addition, strong travel bookings and strategic initiatives in the company's B2B segment also supported the growth. Oppenheimer analyst Jed Kelly maintained a Buy rating on Expedia Group, Inc. (NASDAQ:EXPE) on March 17 and set a price target of $230.00. Investors are bullish on the stock, and its median price target of $131.02 implies an upside of 60.28% from current levels. Overall, EXPE ranks 2nd on our list of best cruise stocks to buy according to hedge funds. While we acknowledge the potential for EXPE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than EXPE but trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
Why Travel + Leisure Co. (TNL) Is Among the Best Cruise Stocks to Buy According to Hedge Funds
We recently published a list of . In this article, we are going to take a look at where Travel + Leisure Co. (NYSE:TNL) stands against other best cruise stocks to buy according to hedge funds. The cruise industry is on the path to recovery after plunging during the Covid-19 pandemic. The Cruise Lines International Association (CLIA) reported that around 35.7 million passengers were anticipated to set sail in 2024, reflecting a 6% growth over 2019. JP Morgan reported that major cruise lines globally benefitted from a successful 2024 wave season, which falls between January and March. In fact, JP Morgan iterated that the annual number of cruise passengers is also expected to surpass pre-COVID levels from 2023 to 2027. Matt Boss, Head of Leisure and Retailing at J.P. Morgan, said the following about the optimistic cruise industry outlook: 'An important point underscoring our more constructive view of the cruise industry post-pandemic is market share gains from the larger $1.9T global vacation market and accelerated new-to-cruise customer acquisition. Demand remains robust, with not a single historical lead indicator in the business, notably booking curve and onboard spend, signaling any softening.' In the past, baby boomers were at the center of the cruise industry's core consumer base. This trend is, however, changing with the rise of young travelers. According to CLIA, 73% of millennials and Gen X travelers said that they would consider a cruise vacation. According to Grand View Research, the global cruise market had a size of $7.67 billion in 2022. It is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% between 2023 and 2030, primarily due to the rising popularity of cruise vacations among younger demographics. The more affordable nature of these vacations is another significant factor attributed to this growth. READ ALSO: and . On March 27, investment firm Exane BNP Paribas' analysts expressed bullish sentiments on the cruise industry's long-term outlook, stating that they anticipate cruise net yields to rise steadily in 2025 and 2026. The positive outlook was attributed to strong demand and new revenue drivers for the industry, such as private islands. Exclusive destinations such as private islands allow cruise lines the room to upsell guests on experiences at around $125 per day per person. This is a tailwind for cruise companies devising innovative ways to generate more value for cruisers and raise profits. The firm also highlighted favorable demographics to support its bullish stance, along with the potential to gain market share in the global vacation market worth around $2 trillion. Exane BNP Paribas opined that cruise lines will likely benefit from rising demand and limited supply growth, which are expected to strengthen pricing power. In addition, digital innovations are helping cruise companies grow onboard spending and enhance customer experiences. According to the firm, these factors are likely to lead to more earnings growth for the industry. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 20 cruise stocks and chose the top 12 most popular among hedge funds as of Q4 2024. The list is ordered in ascending order of hedge fund sentiment. We sourced the hedge fund sentiment data from Insider Monkey's database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Coastline resort properties with the iconic beach umbrellas and sunbathers in the foreground. Number of Hedge Fund Holders: 38 Travel + Leisure Co. (NYSE:TNL) offers vacation ownership, managed rental, and exchange services. The company owns exchange properties and vacation resorts, and its comprehensive cruise coverage enables users to get the best deals, the newest ships, and immersive itineraries on the high seas. Its offerings include Alaskan, All-Inclusive, Caribbean, Disney, European, Family, and River cruises. Travel + Leisure Co. (NYSE:TNL) ended fiscal 2024 with strong momentum, which is continuing in 2025. It delivered $929 million of adjusted EBITDA for 2024, with its vacation ownership businesses fueling its 2024 success and growing 8%. The company also experienced growth returns to travel and membership with adjusted EBITDA. Its Vacation Club sales for the year fell within the expected range, and Tours grew 8%. The overall result was a 7% rise in enterprise-wide gross vacation ownership sales, reflecting the company's positive operations. In a report released on March 21, Stephen Grambling from Morgan Stanley maintained a Buy rating on Travel + Leisure Co. (NYSE:TNL) with a price target of $61.00. Overall, TNL ranks 7th on our list of best cruise stocks to buy according to hedge funds. While we acknowledge the potential for TNL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TNL but trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
