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With Trump officially announcing tariffs earlier this month, Americans are feeling uneasy about when they’ll start seeing higher prices for everyday items.

The uncertainty is also impacting their summer travel plans.

According to Bankrate’s 2025 Summer Travel Survey, fewer than 46 percent of U.S. adults are planning to travel this summer.

This “Staycation Trend” could have an impact on travel and casino stocks.

Which is why I have several travel-related stocks on my watchlist right now.

One of those is Southwest Airlines (LUV)

There are several reasons I like LUV going forward.

First, the airliner is one of the leading domestic route carriers in the U.S.

Second, the price of oil is also coming down, which should boost margins.

Plus, the company recently announced it will start charging baggage fees on May 28, 2025, which should also boost margins

And lastly, there’s significant insider buying on LUV. With multiple insiders purchasing more than 500 shares over the last month.

Remember – insiders buy for only one reason – they think the stock price is going to go up.