Two stocks benefiting from tourism tailwinds

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With the AUD holding below 80 US cents, Dean Fergie, Director & Portfolio Manager at Cyan Investment Management, says Australia remains an attractive place for international tourists to visit. One stock set to benefit from these trends is Sealink Travel Group (SLK). "They've got a really nice mix between tourism, which is going well, existing transportation businesses, which are really stable. As they're growing, they're seeing some really nice synergies, and also benefiting from the fall in fuel prices." Sealink runs ferry transport to Kangaroo Island, Captain Cook Cruises around Sydney Harbour, and a range of other transport businesses. Sealink is trading at a PE ratio 18.4 times for FY17, with 5.8% growth in EPS expected, based on FactSet consensus data. In the video below, Dean Fergie provides his full thoughts on the tourism sector, including one other stock that’s caught his attention.

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