5 Best Vacation Stocks to Buy Now

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1. Marriott Vacations Worldwide Corporation (NYSE: VAC)

Number of Hedge Fund Holders: 21

Marriott Vacations Worldwide Corporation (NYSE: VAC) is a Florida-based company that manages vacations and offers vacation-related products. The company runs several resorts and the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and others. The company manages more than 100 properties in the United States and was founded in 1984. It is placed first on our list of 12 best vacation stocks to buy now. 

Marriott Vacations Worldwide Corporation (NYSE: VAC) announced at the beginning of this month that it had completed a $485 million deal to purchase competitor Welk Resorts. According to the firm, the acquisition was made for the Hyatt Residence Club which will grow 50% with the merger of Welk into the Marriott Vacation brand.

Out of the hedge funds being tracked by Insider Monkey, Westport-based investment firm Iridian Asset Management is a leading shareholder in the firm with 1 million shares worth more than $141 million.

You can also take a peek at 10 Best Biotech Stocks To Buy For 2021, and Top 10 Best Freelancing Platforms and Websites for 2021.

 

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