One of the best investments I have made has been with WebJet. Bought them when they were around $3 and then sold a few at $14. Not a bad return at all when you get a four bagger!
Gloss has come off them a little over the last few months, so wondering if I should rebalance my holdings in this segment.
So I went to my trusty metric, the comparative advantage index and compared Webjet, Flight Centre, Helloworld and Corporate Travel Management. over the last 3 years. And we get the following
So it looks like Helloworld has been travelling the best with around 144% outperformance over the ASX over 3 years. (though their profit disappointed a couple of days ago), Webjet still outperforming the ASX200 with 109% over 3 years and the dark horse of Corporate Travel Management outperforming as well at 99% (and its up around 11% today). Forget Flight Centre, at 6% over 3 years its Gooooooooooooonnnnnnnnnnn.
Might need to look more at CTD and Helloworld for mine...
Note: Not a recommendations to invest/not invest in any company. If pain persists see your financial planner.
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