5 Most Undervalued Travel Stocks To Buy According To Hedge Funds

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In this article, we will take a look at the 5 most undervalued travel stocks to buy according to hedge funds. To see more such companies, go directly to 12 Most Undervalued Travel Stocks To Buy According To Hedge Funds.

5. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Number of Hedge Fund Holders: 38

PE Ratio as of January 27: 11.81

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) bulls believe the company could gain in 2023 and beyond amid a huge rise in demand as travelers across the world continue to spend on leisure despite tough market conditions.

Earlier in January, NCL Corporation, a subsidiary of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH), said it will sell about $500 million of its senior secured notes due 2028 in a private offering. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) said net proceeds will be used to repay a portion of the term loans outstanding under senior secured credit facility that will become due in January 2024.

Investment firm Truist in a note published earlier in January said cruise stocks, including Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH), are “finally starting to participate in their fair share of the travel recovery.”

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