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Weekly Wrap 9 July

Jessica Amir
July 9, 2021

This week, investors have been weighing up localised lockdowns and travel bubbles reopening, which put travel and tourism stocks back in the spotlight.

In this week’s wrap, Jessica covers:

  • (0:18) Industrials in a league of their own, up 4.5%
  • (0:31) Sydney Airport (ASX:SYD) flies up 34%, after receiving a $22 billion takeover offer. What could move SYD next?
  • (1:50) Pfizer vaccine imports set to triple, and investors in travel stocks love it
  • (3:00) Earnings forecasts are being upgraded & why this is good news
  • (4:33) Two travel stocks to consider: Qantas (ASX:QAN) & Flight Centre (ASX:FLT)