Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) Stock

Here is how Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) and Fox Corporation (FOX) have performed compared to their sector so far this year.

Here is how Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) and Fox Corporation (FOX) have performed compared to their sector so far this year.

Starting to benefit from the holiday travel season, here's a look at two Chinese leisure and recreation stocks that currently boast a Zacks Rank #1 (Strong Buy).

Atour Lifestyle Holdings has demonstrated strong growth, with significant revenue increases across its manachised hotels, leased hotels, and retail segments from 2021 to 2023. ATAT's asset-light model, similar to Marriott and Hilton, has enabled rapid expansion, with a 37.9% increase in hotels year-over-year by Q3 2024. The company has consistently raised its 2024 revenue guidance, reflecting strong performance and investor confidence, further boosted by a new generous dividend policy.

Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

SHANGHAI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced its unaudited financial results for the third quarter ended September 30, 2024.

Since Aug. 31, a key China ETF has surged 22% through Monday's action.

Pick these four top-ranked stocks, VRT, LMB, ATAT and CPRX, with solid net profit margins to enhance your portfolio returns.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.