2024-01-28 03:41:39 ET
Summary
- Booking Holdings is the leading provider of online travel and related services, with diverse offerings and strong cash flow.
- The company has top-tier products and market share, with expectations of continued sales and EPS growth.
- Short-term risks include unfavorable risk to reward, competition from tech giants, and negative total equity on the balance sheet, but long-term prospects remain intact.
Investment Thesis
Booking Holdings ( BKNG ) presents one of the most intriguing opportunities in the hotel, resort, and cruise line industry. BKNG stands as the world’s leading provider of online travel and related services, serving consumers and local partners in over 220 countries and territories through six primary brands: Booking.com, Priceline, Agoda, Rentalcars.com, KAYAK, and OpenTable....
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For further details see:
Booking Holdings: Anyone Else Waiting For A Split?