Morningstar is also constructive on Expedia (EXPE). One of the largest travel booking sites, Expedia is also a member of the JRNY roster.
“We believe Expedia shares are discounting the benefit of enduring travel demand and investments the company has made the past few years. We surmise these will drive expanding operating margins and ongoing sales growth while supporting the company’s network effect,” observed Morningstar’s Dan Wasiolek.
Examining other pockets of opportunity within JRNY, casino equities have recently been punished, but there’s insider buying occurring at MGM Resorts International (MGM). Additionally, some analysts argue that markets aren’t fully appreciating potential benefits that could accrue to Wynn Resorts (WYNN) when it opens its casino hotel in the United Arab Emirates (UAE) in early 2027. Caesars Entertainment (CZR), another JRNY holding, is paring debt, indicating it could be a beneficiary of lower interest rates.
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