3 Tourism Stocks Taking Major Hits | Stock Market Crash

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Tourism stocks have taken HUGE hits across the board. There are a few in particular that have been hit harder than others, and the good news is that the whole thing is fuelled by emotion and irrationality. If you take the right steps, you can profit massively from all of the world’s craziness.




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Now, bearing in mind that I’m totally outside of my wheelhouse when it comes to this stuff and by no means an expert, I do have some thoughts and opinions just like the rest of the world.


As with the thoughts and opinions of other non-experts, my own should be taken with a grain of salt. They’re my own thoughts and it’s very possible that they’re wrong.


With all of that being said, here’s my take on companies like cruise lines, airlines, and hoteliers that are down massively over the last couple of weeks:


Companies are undervalued. There hasn’t been any fundamental shift in the way these businesses operate, so it’s very likely that once things start to get figured out with “you know what”, they’ll bounce back.


I’ve personally invested some money (only as much as I’m willing to lose) into hotels, because it’s an industry that I’m relatively familiar with and I believe that these companies are grossly undervalued for no other reason than fear in the market.


Regardless of anyone’s opinion on the market, one thing that is absolutely true is that now (and always) having cash on hand is crucial. Cash will allow you to have peace of mind, weather the storm; and if you have a surplus of it, capitalize on the craziness and potentially make a pretty healthy return.


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At the end of the day, the health issues going on right now will pass in a relatively short amount of time. The economic recession however, is likely to last a bit longer than that. If you have strong cashflow during that time, you’ll be in a great place and you’ll likely be able to profit more than ever.


If you don’t have strong cashflow, you’ll likely suffer just like the masses will. It’s an unfortunate reality and the time to start preparing is NOT once everything has already hit the fan.


If you want to be smart then conserve cash, invest in creating additional income streams, and keep a level head.