While Walmart and Amazon stand to profit big-time from the upcoming Black Friday shopping weekend, there are two alternatives that could offer even better returns.
Priceline (PCLN) and Dick's Sporting Goods (DKS) operate in industries that receive a giant boost come holiday season: travel, leisure and sports equipment. Both stocks rose more than 1% in Monday trading.
Priceline is a fast-growth opportunity with years of potential. Not only does the company operate the perennial Priceline.com, but it also owns popular travel sites such as Booking.com and Kayak.
Its stock is already moving upward; experts believe Priceline will only keep pushing ahead from the end of November into the beginning of December. This online travel specialist, with a market value of more than $74 billion, promises double-digit earnings growth this year.
Although airline ticket sales have remained weak this year, agency and merchant revenues have held steady for Priceline. And the company's multiple hotel booking platforms are edging forward as the most important contributors to the company's results.
Priceline is also intent on pushing ahead with OpenTable.
Right now is a great time to get in.