Smooth Sailing for Hotel and Cruise Stocks

S&P says conditions are favorable for the group, given its solid momentum and industry fundamentals

In the past 13 weeks, three Standard & Poor's 1500 subindustry indexes that have been given positive fundamental outlooks by S&P equity analysts saw their relative strength rankings rise to 4 from 3, indicating that their trailing 12-month price performances are now in the top 30% of all 138 subindustries in this composite benchmark (which consists of the S&P 500, MidCap 400, and SmallCap 600 Indexes), as compared with the middle 40% only three months ago.

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