Booking Holdings (BKNG) is a Top-Ranked Growth Stock: Should You Buy?

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe, rated from A to F based on value, growth, and momentum [3] - The Value Score identifies attractive stocks based on valuation ratios such as P/E, PEG, and Price/Sales, appealing to value investors [4] - The Growth Score focuses on a company's future prospects, analyzing projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [5] - The Momentum Score helps investors capitalize on price trends, using metrics like weekly price changes and monthly earnings estimate changes [6] - The VGM Score combines all three Style Scores, providing a comprehensive assessment of stocks based on value, growth, and momentum [7] Zacks Rank and Style Scores Integration - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal return potential [10] - Stocks rated 4 (Sell) or 5 (Strong Sell) should be avoided, even if they have high Style Scores, due to their declining earnings forecasts [11] Company Spotlight: Booking Holdings - Booking Holdings Inc. is a leading online travel company offering a wide range of travel-related services, including hotel bookings, airline tickets, and vacation packages [12] - The company holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating solid performance potential [12] - Booking Holdings is particularly attractive for growth investors, with a Growth Style Score of A and a projected year-over-year earnings growth of 18.2% for the current fiscal year [13] - Recent upward revisions in earnings estimates by analysts and an increase in the Zacks Consensus Estimate to $221.23 per share further enhance its investment appeal [13]