Travel stocks decelerate as Covid fears grow but one stock may endure

Travel stocks have taken a hit this week as fears over the delta variant grow.

As of Thursday’s close, hotel stocks such as Hyatt, Hilton, Marriott and InterContinental were on track for weekly losses as steep as 4%, far wider than the 1% drop for the S&P 500. Those names were also under pressure after the latest data from travel metrics company STR showed hotel occupancy decline in August after rising in June and July.

One stock could withstand more weakness in travel activity into the fall, though. In an interview with CNBC’s “Trading Nation,” Inside Edge Capital Management founder

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Lowe’s Stock Rode the Housing Boom. Now It May Be Ending.

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Strong results last year set a tough basis for comparison at home-improvement retailers.


Justin Sullivan/Getty Images

The home-improvement trend that has lifted stocks such as Lowe’s and

Home Depot

may be on its last legs.

Analysts at Wedbush Securities expect changes in household spending will hurt both companies. The brokerage downgraded Lowe’s stock (ticker: LOW) to Neutral from Outperform on Monday, while maintaining their Neutral rating on Home Depot shares.

Not only are fewer households looking to outfit home offices than at this time last year, turnover in the market for existing homes has peaked, according to the

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