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5 Travel Stocks to Ring in New Year


Another international company that's a buy, according to Syth, is Copa (CPA - Get Report). The Latin American airline has the advantage of flying at an easier trajectory than some of its other Southern hemisphere counterparts, Syth said. It's central location of Panama is also advantageous.

As an investment, Copa has great margins, Syth said, and will not be as severely affected if oil prices go up because its customers are from countries that are commodities-based. The company is growing capacity and has earnings growth, Syth added.

Copa reported third-quarter operating income of $102.2 million, up 38.2% from last year. Total revenue rose 31.3% to $476.8 million.

Shares of Copa are up almost 10% year to date.

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