Cabela's, HomeAway Lead Rash Of Leisure Breakouts
Posted on March 08, 2013 at 18:00 PM EST
Leisure stocks charted a number of modest breakouts in the past several weeks, staking out fresh highs as the market returned to confirmed uptrend status. Stocks matching this description include Cabela's (CAB), HomeAway (AWAY) and Avis Budget Group (CAR). The moves loosely corroborate February data from the Federal Reserve's beige book, released Wednesday. That survey found consumer spending and tourism rising, with some limited slowing of