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Quarter-End Insights

Travel and Leisure Companies Ready as Americans Venture Out Again

We expect car and local travel to rebound before international and air travel.

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The consumer cyclical sector has continued to rebound as more nonessential businesses reopen, building on the trends we saw in the second quarter. More specifically, the sector outperformed the market in the quarter through Sept. 23, returning 15.2% compared with the market’s 5.1%.

Consumer cyclical has overperformed the broader market. - source: Morningstar

Erin Lash does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.