Airlines are hoping for a stronger 2026 after uncertainty from tariffs slowed travel this year.

Global travel and tourism stocks rebounded sharply from their slump during the COVID-19 pandemic, but their performance has been mixed this year thus far.

U.S. tariffs, which sparked geopolitical tensions and economic uncertainty, have hurt some names, but investment experts see a better outlook next year and compelling stock opportunities today.

“There is going to be improvement as you look into 2026 with anticipated certainty in areas such as U.S. trade policy,” says Dan Wasiolek, senior equity analyst at Morningstar Research Services LLC in Chicago.

Tariff deals, such as the truce announced between the U.S. and China, mean U.S. firms can try to move forward with business plans, which also

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