Is Buying Airbnb Stock Below $135 a Smart Idea?

Airbnb (ABNB 3.06%) has become so popular that the company's name is often used as a verb when people are looking to travel and book their accommodations. Shares have recently been a disappointment, though, as they are down 2% year to date, as of this writing. Meanwhile, the major market indexes have soared in 2024.With this top travel stock trading at $133 per share, nearly 40% below its all-time high, is buying Airbnb at this level a smart idea?Moat and profitsAs a two-sided platform with tremendous scale ...