Book These 5 Bargains in Leisure
These stocks all have stable to growing competitive advantages and currently trade at a discount.
Today's stock market isn't cheap. According to Morningstar's Market Fair Value graph, the average stock in Morningstar's coverage universe is slightly overvalued.
Yet, there are still pockets of opportunity--one pocket being leisure stocks, which includes a hodge-podge of travel, lodging, and recreation names. As a group, these companies are trading about 15% below fair value as of this writing.
Ashley Redmond does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.