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After the publication of my bullish article on Booking (BKNG) in late June, the company’s shares appreciated by more than10% and there’s every reason to believe that they’ll increase in value in the next few months. While it will take years for the travel industry to return to its pre-COVID-19 levels, Booking has more than $10 billion in cash, which will help it to survive the pandemics. Already in Q2, the company reported positive GAAP EPS for Q2 thanks to a more than $800 million return from its equity investments. With an