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Zacks Market Edge Highlights: GREK,UAL, AAL, RCL, and PINS

For Immediate Release

Chicago, IL – November 29, 2019 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

(Please add the Soundcloud link from this URL for the PR. Thanks: https://www.zacks.com/stock/news/643312/is-greece-still-an-investing-opportunity)

Is Greece Still an Investing Opportunity?

Welcome to Episode #203 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

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This week, Tracey is joined by Zacks Product Manager Harry Kougias, who is Greek and regularly returns to Greece.

This is Harry’s fourth appearance on the Zacks Market Edge to talk about Greece. He was on the very first podcast back in 2016.

Back then, the future seemed dire for Greece as it was going through a leadership change and instituting cuts in pensions under the austerity program.

But in 2018, Greece’s GDP grew 1.9%, which was better than economic powerhouses Germany or France, and is expected to be just over 2% this year.

Even as some parts of the Eurozone have slowed, Greece is expected to ramp up growth closer to 3% in 2020.

Greek Stock Market Soars

Investors have noticed the change in circumstance and have jumped into the Global X Greek ETF GREK in 2019.

Shares of GREK have soared 44.2% year-to-date as the overall Greek stock market is up 47.3%.

That’s it’s best years since 1999.

But other than the Greece ETF, how else can investors get in on the rebound in Greece?

Stocks to Tap the Tourism Boom

Greek tourism continues to flourish despite Brexit, the failure of travel agent Thomas Cook and the slowing of the German economy. The Bank of Greece expects 2019 to be another record year for the tourism industry.

Most hotels in Greece are family and locally owned so there’s no easy REIT to invest in.

But several US airlines have been adding flights to Greece as demand increases including United Airlines UAL and American Airlines AAL.

Cruising continues to be popular as well with Royal Caribbean RCL one of the companies that serves the market.

But many people can’t actually make a trip, so they can only dream of one on social media platforms like Pinterest PINS.

What else do you need to know about Greece heading into 2020?

Tune into this week’s podcast to find out.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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American Airlines Group Inc. (AAL) : Free Stock Analysis Report
 
United Airlines Holdings Inc (UAL) : Free Stock Analysis Report
 
Global X MSCI Greece ETF (GREK): ETF Research Reports
 
Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report
 
Pinterest, Inc. (PINS) : Free Stock Analysis Report
 
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Zacks Investment Research