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TCOM - Booking Holdings: One Of The Most Attractive Recovery Plays In Travel Right Now
Trip.com Group Limited
While the COVID-19 pandemic continues to ravage the world, there's an indication that the tourism industry slowly starts to rebound from its March-April lows. The recent data from TSA shows that more people start to fly every week, as the air traffic increases by 5% to 10% weekly. As a result, we could safely assume that Booking Holdings (BKNG) has reached its bottom and has a high chance to increase in value by the end of the year. While Q2 earnings results will be one of the worst in the company's history, Booking expects to