More than 100 days since the start of the Iran war, investors are still struggling to predict when or how it might conclude. Between headlines about a ceasefire and renewed attacks, it's difficult to assess how the conflict may continue—and what the impacts may be on the market. Given this murkiness, investors may want to turn to stocks that are likely to win out in the event of a ceasefire but that may also still perform well if the fighting continues for an extended period.
A clear choice for companies that may benefit from a cessation of fighting in the Iran war is those firms involved in travel and leisure industries, both of which are heavily linked to the price of oil and fuel. Companies like United Airlines Holdings Inc. (NASDAQ: UAL), Marriott International (NASDAQ: MAR), and Royal Caribbean Cruises (NYSE: RCL) all fit this bill. However, each of these companies may each also still thrive even if the war continues, and this is reflected in broad optimism across Wall Street.