The search for the best travel stocks is heating up. With September showing an impressive $104 billion in travel spending and a steady 3.5% growth year-to-date (YTD), the sector shows potential for growth even in challenging economic conditions. In particular, air travel demand stood out with a robust 10% increase. As we approach Travel Tuesday on Nov. 28, these travel stocks shine with opportunity. Travel Tuesday, a post-Thanksgiving period akin to Black Friday and Cyber Monday in the United St
Soaring from the pages of science fiction into reality, flying cars are igniting the skies of innovation. Moreover, amidst the choppiness in the stock market, the valuations of top flying car stocks have become more attractive, presenting a long-term opportunity for forward-thinking investors. Currently, a handful of trailblazing companies are steering the development of these aerial vehicles, making it a rather opportune moment to invest in these high-potential stocks. Flying car stocks aren’t
Joby Aviation (NYSE:JOBY) has seen an 80% year-to-date share price surge. Notably, JOBY stock marked a milestone with the first electric air taxi flight in New York City. A partnership with Delta Airlines (NYSE:DAL) has brought about the potential for New York City to become an early launch market (awaiting FAA certification), with Joby currently nearing the completion of its FAA Stage 3 certification. Joby reported a Q3 2023 cash buffer of $1.1 billion amid an expected early-stage cash burn. Th