Webjet Limited (ASX:WEB) is a digital travel business spanning both global consumer markets (‘B2C’) and wholesale markets (‘B2B’). It was established in 1998 and now claims to be the leading online travel agency (OTA) in Australia and New Zealand. Webjet says it was the world’s first to use ‘Travel Services Aggregator’ technology and is now leading the industry in blockchain innovation.
Here are my top 3 ASX COVID-19 recovery shares that would suit a long-term investment horizon and could benefit from the gradual reopening of the economy.
The S&P/ASX 200 (ASX: XJO) is likely to edge higher, at a time when the RBA is due to offer Quantitative Easing (QE) and PayPal (NASDAQ:PYPL) stock price falls.
ASX travel shares like Webjet Limited (ASX:WEB) and Flight Centre Travel Group Ltd (ASX:FLT) continue to be a hot topic among Australian investors.
The S&P/ASX 200 (INDEXASX:XJO) is set to take a backwards step at the open today. Reliance Worldwide (ASX:RWC) and Flight Centre (ASX:FLT) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is tipped to rise at the open on Tuesday. a2 Milk Company Ltd (ASX:A2M) and Piedmont Lithium (ASX:PLL) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise at the open this morning. ASX travel shares, miners and Redcape Hotel Group (ASX:RDC) are in the news.
The S&P/ASX 200 (ASX: XJO) might be trading flat today but the Amaysim Ltd (ASX: AYS), Nearmap Ltd (ASX: NEA) and Webjet Ltd (ASX: WEB) share prices have crushed the Australian share market daily return.
Webjet Limited (ASX:WEB) released its FY20 result after the market shut, though the Webjet share price rose 7.6% on Wednesday.
Just before midday the ASX 200 (ASX: XJO) was trading 1% after positive remarks and extra stimulus was announced from the USA this week.
