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TCOM - Takeaways From Earnings Calls Last Week: High Pent-Up Demand
Trip.com Group Limited
In earnings class last week, we learnt that there are some glimmers of hope across such industries like airlines, travel and retail as demand picks up from the April lows with significant pent-up demand being unleashed. The key pick was that despite there being many positive signs, we should still cautious in our investing.
Chart of the Week: Lowest quarterly earnings for the S&P 500 since Q1 2009
Growth is picking up in some industries
There is a recovery going on from the April lows. Things are picking up. Hard hit industries are seeing an