TRIP - Tripadvisor: Encouraging Revenue Growth But Taking A Cautious View
2024-05-13 00:24:31 ET
Summary
- Tripadvisor stock price has recently dropped following the rejection of a takeout offer by the company's special committee.
- Revenue growth has been encouraging, and Viator performance has been particularly impressive.
- That said, I still take a cautious view on TRIP at this time.
Investment Thesis : I rate Tripadvisor as a hold at this time.
In a previous article back in January, I made the argument that Tripadvisor ( TRIP ) could have the capacity for upside if revenue continues to see growth and selling and marketing costs as a proportion of overall revenue decline from here....
Tripadvisor: Encouraging Revenue Growth, But Taking A Cautious View