5 Best Travel Stocks to Buy Right Now

4. Expedia Group, Inc. (NASDAQ: EXPE)

Number of Hedge Fund Holders: 76

Expedia Group, Inc. (NASDAQ: EXPE) is a Seattle-based digital travel firm. The brands it owns and operates include Expedia.com, Vrbo, Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago and CarRentals.com. Expedia has a market cap of more than $25 billion and posted $5 billion in annual revenue in December 2020, down more than 50% from the $12 billion reported the year before. Even though COVID-19 hit the company hard, it is expected to make a strong recovery as a travel boom is expected after pandemic restrictions ease. 

Expedia was founded in 1996 and is placed fourth on our list of 10 best travel stocks to buy right now. Seeing the signs of the economic recovery, investment bank Morgan Stanley on March 25 increased its price target on Expedia stock to $200 from $160, maintaining an Equal Weight rating on the company stock. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm D1 Capital Partners is a leading shareholder in the firm with 12 million shares worth more than $1.6 billion.