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Here's Why Booking Holdings (BKNG) is a Strong Value Stock
ZACKS· 2024-06-19 14:45
Zacks Premium includes access to the Zacks Style Scores as well. Value Score Growth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 22.25; value investors shou ...
Wall Street Favorites: 3 Travel Stocks With Strong Buy Ratings for June 2024
Investor Place· 2024-06-18 19:43
Let's examine three travel plays with robust share price momentum that still trade at reasonable valuations. For the first quarter, Booking beat on sales and earnings, with gross travel bookings rising 10% year-over-year (YOY). Given its market leadership in the face of the ongoing travel resurgence, it's tough to hop off BKNG stock. Indeed, it is at a fresh new high. In fact, the potential for the actual summer numbers to surpass estimates is likely. As travel picks up, hotel bookings are sure to get a nic ...
Booking Holdings (BKNG) to Boost Customer Base With PHD Deal
ZACKS· 2024-06-14 17:25
Booking Holdings is expected to gain solid customer momentum for its Priceline platform on the back of its latest partnership. Expanding partnerships have been the key driver for its customer momentum. Agoda also partnered with the Taipei City Government Department of Information and Tourism to serve as the Official Accommodation Partner for the World Masters Games (WMG). Per the terms of the deal, Agoda now offers a dedicated booking page for the WMG, simplifying accommodation searches for competitors and ...
Does BKNG's Strong Growth Prospect Make the Stock Worth Buying?
ZACKS· 2024-06-13 17:21
It is leveraging Generative AI (GenAI) to boost customer experience. It has added a slew of GenAI-powered features to its Trip Intelligence suite to deliver enhanced trip planning and booking experience. Per a Statista report, revenues in the global travel and tourism market are expected to hit $927.3 billion in 2024 and reach $1.06 trillion by 2028, witnessing a CAGR of 3.5% between 2024 and 2028. The largest category of this market is "hotels," in which the number of users is expected to reach 1.4 billion ...
Priceline Selects Omnicom's PHD as New Media Agency of Record
Prnewswire· 2024-06-13 11:02
Priceline's selection of the new media agency reflects its commitment to innovation, precision marketing and delivering exceptional experiences and value to travelers. PHD will partner with Priceline's internal teams in data-driven media strategy, planning and buying to drive reappraisal and growth amongst new customers in key traveler segments. "For 25 years, Priceline has been helping travelers experience moments that matter," said Michael Solomon, CEO, PHD USA. "As their brand media AOR, PHD will ensure ...
3 No-Nonsense S&P 500 Stocks to Buy and Hold Forever
Investor Place· 2024-06-12 10:24
Although we intuitively know that eventually we will see a correction, or the stocks might crash into a bear market, they are relatively short-lived events. The average bear market lasts about 16 months while bull markets are measured in years. Even better, they also tend to go on and wipe out all remnants of the losses. Even with the stock market's rise there are still excellent companies to buy. Below are three of the top S&P 500 stocks for your portfolio today. Source: Andrey Solovev / Shutterstock By ha ...
2024's 4 New Dividend Payers Could Become The Next Dividend Aristocrats
Seeking Alpha· 2024-06-11 15:32
i Rome wassi't built in a day, and neither are dividend growth stocks. Dividend aristocrats are those that have raised their dividends for 25 consecutive years and also are included in the S&P 500 Index. For some added contest, dividend champions are also companies that have raised their dividends for 25 consceutive years but don't belong in the S&P 500 Index. Clearly, both are an accomplishment, and I wouldn't necessarily pick one over the other. It isn't guaranteed that these companies will become dividen ...
Booking.com Joins Forces with Stonewall National Monument Visitor Center, Amplifying LGBTQ+ Representation in Travel and History
Prnewswire· 2024-06-11 13:00
NEW YORK, June 11, 2024 /PRNewswire/ -- Today, Booking.com continues its mission to make it easier for everyone, regardless of who they love or how they identify, to experience the world by announcing a partnership with the Stonewall National Monument Visitor Center, a cornerstone institution dedicated to preserving and promoting LGBTQ+ history and culture. This alliance underscores Booking.com's ongoing commitment to championing diversity and inclusion in the travel industry, while also amplifying LGBTQ+ v ...
Stock Split Watch: 3 Growth Stocks That Could Be Next
The Motley Fool· 2024-06-07 14:10
Success has some downsides, including a much higher stock price. MercadoLibre is riding the wave of the bull market. Though the Latin American e-commerce specialist has faced some headwinds in the past few years, its stock has generally outpaced the broader market. As of this writing, MercadoLibre's shares are changing hands for an eye-popping $1,631, so a stock split would be appropriate, especially as there are good reasons to think the company will continue to perform relatively well. Consider MercadoLib ...
Is It Worth Investing in Booking Holdings (BKNG) Based on Wall Street's Bullish Views?
ZACKS· 2024-06-06 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Booking Holdings (BKNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Booking Holdings currently has an ...