So within the travel and tourism sectors, why are stocks for companies like Hilton and Avis so high relative to 2019, but Boeing, Spirit, and Astronics (aerospace manufacturers) not? Does anyone think Avis' blowout earnings are sustainable? How are airlines not able to price as high as rental car companies in the wake of pent up travel demand? Aren't al of these industries asking for trouble if we enter a recession?
Simply put: please help me understand why Avis and Hilton stocks are so high, Delta and Alaska Airlines are medium, and Boeing and Astronics aerospace manufacturing are in the doghouse.
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