- Despegar's stock has been decimated by the COVID-19 pandemic and rightly so; business has fallen off a cliff with a slow slog recovery facing it.
- The company has an extremely asset-light business with ample cash to keep it afloat until 2022-23 when its fortunes may change dramatically.
- With its competitors Booking.com and Expedia rallying sharply from the March lows, Despegar has been left behind and is a compelling opportunity and value at the current price.
For further details see:
Despegar.com: A COVID-19 Vaccine Play That Nobody Is Paying Attention To