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    Leisure Stocks Show Strength From Pent-Up Demand

    Thu, 04/07/2011 - 15:19 EDT - Seeking Alpha
    • CTRP
    • EXPE
    • LTM
    • LVS
    • MMYT
    • NFLX
    • OWW
    • PCLN
    • PII
    • Rick Shea
    • TZOO
    • WYNN

    Rick Shea submits:
    It has been a long, tough winter in most parts of the country. Record snowfalls and blizzard conditions are finally giving way to spring break trips and travel to sunny destinations. Consumers are also more optimistic on the job front, so they are willing to spend on those family vacations that they have put off for the last few years.

    This increased optimism is helping to drive leisure stocks to strong gains so far in 2011.The leisure sector is currently ranked #19 in IBD’s ranking of all market sectors and is sporting a year to date gain of +12.7% for the total basket of stocks. Investors are of course looking for the next Priceline (PLCN) or Netflix (NFLX). Both stocks are up dramatically since we recommended this time last year in our market leaders article on April 26, 2010. Both qualify as “category killers,” stocks that revolutionize their industries throughComplete Story »

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    Related

    • 9 Market Leaders and Category Revolutionaries

      Rick Shea submits:One year ago on April 26, 2010, I wrote an article on market leaders and category revolutionaries. These are companies that either through technological innovation, superior branding or just plain better execution, have developed a better business model that allows them to lead and drive long term, superior sales and revenue growth.

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    • Market Leaders, Category Revolutionaries

      Rick Shea submits:The market has rebounded with some strong gains being led by those companies that have revolutionized their respective product categories. These top performing companies have used technology and innovation to reinvent their respective industries. By building a better mousetrap they have taken market share, brought in new users and driven their own earnings growth.

    • Thursday ETF Roundup: VNQ Soars on Optimism, UNG In Freefall

      ETF Database submits: Another rough start to trading on Thursday gave way to solid gains in the afternoon session as some key earnings reports helped to boost investor sentiment. The Dow managed to finish the day ahead by just four points while the S&P 500 posted gains of 0.2% and the Nasdaq led the way on the upside with gains approaching 0.6%. Meanwhile, commodity markets continued their slide as gold tumbled close to the $1,310/oz. mark and oil lost 2% in Thursday trading.

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      By Fredrik Arnold:In December, this monthly report began applying dog dividend methodology to each of eight major market sectors. The sectors were, in alphabetical order: basic materials; consumer goods; financial; healthcare; industrial goods; services; technology; utilities.

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