Travel Stocks to Buy: Ryanair Holdings plc (ADR) (RYAAY)
European discount airline Ryanair is best known for offering ultra-low ticket prices in exchange for a bare-bones flights in which passengers have to pay for extras like food and luggage.
RYAAY stock has been struggling to move the needle over the last few months as worries about how the Brexit will impact the airline have weighed on sentiment. However, the Irish airline is extremely cost-efficient, which makes it well equipped to weather a macroeconomic storm.
Ryanair has very little debt compared to most of its airline peers and management has always had a laser focus on profits. Some argue that RYAAY will lose customers if the Brexit poorly affects the economy, but the airline might find itself making up for a loss in low-income passengers by taking on middle-income customers who are belt-tightening.