$Uber Tech(UBER.US) and $Trip.com(TCOM.US) both saw small gains; on days when the broader market falls, travel platforms remain steady π.
Order data for summer travel has consistently been good. Cash flow businesses often command a premium during periods of risk appetite contraction.
However, don't expect them to lead the rally. Defensive stocks are stable, but their upside tends to be gradual.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
