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July 28, 2021, 2:42 p.m. EDT

Good Stocks To Buy Today? 5 Leisure Stocks In Focus

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Jul 28, 2021 (StockMarket.com via COMTEX) -- 5 Top Leisure Stocks To Check Out In The Stock Market Today

As investors wonder about what stocks to buy today, leisure stocks appear to be making moves. For one thing, there are plenty of top leisure stocks for investors to choose from in the stock market today . To begin with, we have the travel industry. In this group, airline and cruise line operators alike would be gaining attention amidst the rising demand for travel. Despite a recent rise in coronavirus cases, some would argue that said companies are more well prepared to accommodate fully vaccinated travelers. In fact, consumer demand for air travel is even driving growth in aircraft manufacturer Boeing ( NYSE: BA ). So much so that the company posted its first quarterly profit in almost two years.

At the same time, there are also leisure stocks for investors looking to bet on stay-at-home businesses. This would include the likes of DraftKings ( NASDAQ: DKNG ) and Fubo ( NYSE: FUBO ). Namely, both companies are in the business of providing consumers with their sports entertainment needs from home. In particular, DraftKings is even looking to grow its offerings by launching its own sports-themed non-fungible token marketplace. Aside from that, marijuana stocks such as Cannabis Growth Corporation ( NASDAQ: CGC ) would also benefit from the expanding legal weed market in the U.S. Overall, there is likely a leisure stock for most investors out there. With that in mind, here are five worth knowing in the stock market now.

Best Leisure Stocks To Buy [Or Sell] This Week

Tilray Inc.

First on this list of leisure stocks is Tilray, a leading global cannabis lifestyle, and consumer packaged goods company. The company strives to be one of the most trusted partners for its patients and consumers by providing them with a cultivated experience and wellbeing through high-quality, differentiated brands and innovative products. TLRY stock currently trades at $16.13 as of 2:32 p.m. ET and is up by over 26% on today's opening bell. Investors are likely responding to the company reporting its financials today.

For its fourth quarter, net revenue increased by 25% to $142.2 million compared to a year ago. The increase was driven by a commendable 36% growth in net cannabis revenue to $53.7 million.

Also, the company's net income for the quarter was $33.6 million compared to a net loss of $84.3 million in the prior-year quarter. The company says that these results affirm that the global cannabis market remains in its early stages and given Tilray's leadership position, it will continue to capitalize on this growing market. For this reason, will you consider buying TLRY stock today?

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Carnival Corporation

Carnival Corporation is a leisure company that is the largest cruise company in the world. The company's portfolio of global cruise line brands includes Carnival Cruise Line and AIDA Cruises among others. Together, its brands comprise a fleet of over 80 ships with the capacity to visit over 700 ports around the world. CCL stock currently trades at $22.92 apiece as of 2:33 p.m. ET.

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