2024-07-24 11:52:12 ET
Summary
- Trip.com offers exposure to the Chinese recovery with decent revenue growth and margin expansion due to economic recovery and diversified revenue streams.
- Despite share dilution, TCOM's business model, network effect, and potential outbound travel recovery make it a compelling investment option if you tolerate the Chinese stock risks.
- Expectations for TCOM include margin expansion, capitalizing on outbound travel recovery, revenue growth stabilization, and continued share dilution.
Trip.com ( TCOM ) is a decent way to get exposure to the Chinese recovery at this price point if you still believe in China stocks. With the Chinese economy slowly returning to normality, TCOM, the biggest online platform for domestic and outbound travel, is seeing a sharp revival in revenues and general margins....
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For further details see:
Trip.com: Arriving At Buy Territory