Travel, Dining Stocks Soar as Consumers Splurge Post-Pandemic
• Carnival stock was up over 130% in 2023 as demand rebounded post-pandemic; expects record earnings and cash flow in 2024
• Chipotle stock up 65% in 2023; poised for continued growth with new store openings and pricing power
• Spotify added 30 million subscribers in 2023, far exceeding expectations; stock still trades at reasonable valuation with upside
• Travel and leisure sectors benefiting from "revenge travel" spending rebound
• AI tools and personalization driving growth for Spotify and other digital platforms