5 Best Vacation Stocks to Buy Now

Page 1 of 5

In this article we will take a look at the 5 best vacation stocks to buy now. You can skip our analysis of these companies and go directly to 12 Best Vacation Stocks to Buy Now.

5. Airbnb, Inc. (NASDAQ: ABNB)

Number of Hedge Fund Holders: 68

Airbnb, Inc. (NASDAQ: ABNB) is a California-based company that puts users who want to book lodgings for different purposes with landlords seeking short-term renters. The firm primarily runs through a website and mobile application. Airbnb held an initial public offering in December 2020 and is now valued at over $106 billion. It posted more than $3.3 billion in annual revenue in 2020, down due to the pandemic from $4.8 billion reported in 2019. The company was founded in 2007 and comes in at fifth place on our 12 best vacation stocks to buy now. 

Investment bank Needham called Airbnb, Inc. (NASDAQ: ABNB) an online travel stock winner on April 27 and gave it a Buy rating with a price target of $210. On April 28, the firm announced that it was partnering with payments firm Visa to facilitate the movement of money from Airbnb accounts to any accounts with Visa cards. 

Out of the hedge funds being tracked by Insider Monkey, California-based investment firm Silver Lake Partners is a leading shareholder in the firm with 2.5 million shares worth more than $375 million.

Page 1 of 5