But while Flight Centre is doing well off the back of strong growth and was backed by Morgan Stanley earlier this month when the broker lifted its price target from $45 to $68, it might not be a good time to buy in. If you're looking to snag a travel industry stock sometime soon the likes of Corporate Travel Management Ltd ( ASX: CTD ) is probably a better bet at this time, with its acquisition of Hong Kong's Lotus Travel Group signalling good growth in the pipeline. Likewise, Webjet Limited ( ASX: WEB ) is asserting itself in the sector, with its recent acquisition of JacTravel also expected to reap success. Many Flight Centre investors might consider now could be a good time to sell off some of their holdings before earnings season kicks off – and I'd be inclined to agree. Speedcast International Ltd (ASX: SDA) Satellite-based communication provider Speedcast International Ltd is a mid cap stock to watch on the ASX right now.