There is anticipation of strong travel demand, and its driving prices of these two stocks
Sabre Corp SABR ~ Play on Strong travel demand in 2021
Just when the whole market was in chaos, this stock made a large candle move and consolidated at $14 [buying opportunity] and now slowly the stock has inched upwards to $16.17. One can expect a move up to $19.6 i.e. 40% upside from $14 levels. It’s a great stock to hold.
Another speculative stock to play this demand: Trivago
Trivago ~ The stock has slowly been climbing with $5 as the price target. It always offered great opportunity below 3.5 and one should look to take profit at $5. This stock will attain momentum whenever it crosses > $5.
The best part about both the stock has been that they never broke down during the entire market chaos and panic. I covered both the stocks as an opportunity play.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers
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