San Diego, CA 7/15/2009 7:35:20 AM
Travel and Leisure Stocks DTG, CAR, UTA, MNTG Hit the Gas
Stocks of Dollar Thrifty Automotive Group, Avis Budget Group, Universal Travel Group, and MTR Gaming Group have all been rolling, but do car rental companies, travel agencies and regional casinos all deserve these bullish opinions?
Travel and leisure stocks Dollar Thrifty Automotive Group Inc. (DTG), Avis Budget Group, Inc. (CAR), Universal Travel Group (UTA), and MTR Gaming Group, Inc. (MNTG) have undergone an analytical review at the Small Cap Network. The seasonality of travel coupled with the recession has meant the underlying performance of some of these stocks has not correlated with the underlying performance of their respective companies.
To read the entire analytical review of these travel and leisure stocks, along with related insights, please register at: www.smallcapnetwork.com/s/.
Dollar Thrifty Automotive Group Inc. (DTG) drives the bulk of its incoming revenues from Florida, California, Hawaii, Arizona, Texas and Nevada. Six states that live for tourism in the summer. DTG has 741 locations in the United States and Canada, of which 400 are company-owned stores and 341 are franchised stores.
Universal Travel Group (UTA) is a growing travel services provider in the People's Republic of China specializing in online and customer representative services to the travel service industry. UTA offers packaged tours, air ticketing and hotel reservation services. UTA joined the broad-market Russell 3000, Russell Global and Russell MicroCap Indexes on June 26, 2009.
MTR Gaming Group, Inc. (MNTG) has slot machine gaming operations and live thoroughbred horse racing with parimutuel wagering, as well as online and telephone wagering on horse races. MNTG owns and operates The Mountaineer Casino, Racetrack & Resort in Chester, West Virginia; Presque Isle Downs & Casino in Erie, Pennsylvania; and Scioto Downs in Columbus, Ohio.
Forward-Looking Statement: This press release may include or imply "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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