Booking Holdings: Betting On The Leader Of A Secular Trend
Booking Holdings(BKNG) Seeking Alpha·2024-08-10 08:23
stockcam Investment Thesis Booking Holdings (NASDAQ:BKNG) is a long-term growth idea. Not because of explosive growth rates, but due to what I see as a long-lasting secular trend in travel, driven by the prioritization of experiences over material possessions, especially among Gen Z and Millennials. Within this trend, Booking is a market leader, although its position is not without challenges. Nonetheless, I see entering this long-term growth stock amid a revaluation due to short-term growth deceleration a ...