Group 1: Company Overview - Booking Holdings (NASDAQ:BKNG) is a significant player in the travel industry, providing services such as hotel reservations, car rentals, and flight bookings [1] - BKNG's current stock price is $5,367.37, reflecting a 0.83% increase from previous levels, with fluctuations between $5,281.54 and $5,443.33 during the trading day [3] - The stock has experienced a high of $5,839.41 and a low of $4,096.23 over the past year, indicating resilience and growth potential [4] Group 2: Market Performance and Investor Sentiment - Bernstein has set a price target of $5,407 for BKNG, suggesting a modest 0.74% increase, which reflects cautious optimism about the stock's potential [1][6] - Today's trading volume for BKNG is 178,441 shares, indicating strong investor interest and confidence in the stock [5] - The travel industry's adaptation to a "normal" economy is expected to influence BKNG's stock performance and investor strategies [2][6] Group 3: Economic Context - The travel industry is closely monitoring the concept of a "normal" economy, which could impact stocks like BKNG and lead to sector rotations affecting performance [2] - As the economy stabilizes, shifts in investor strategies may influence stock valuations, making BKNG's price target relevant [2]

Group 1 - Expedia Group, Inc. is considered a cheaper investment option compared to Booking Holdings, trading at just over 15 times next year's earnings versus roughly 20 times for Booking [1] - The company is projected to achieve an 18% earnings growth next year while selling for 13 times next year's earnings, indicating it is undervalued [2] - Jim Cramer recommends sticking with Expedia due to its strong performance in the third quarter and the resilience of consumers [1][2] Group 2 - Expedia operates various travel platforms offering lodging, flights, car rentals, vacation rentals, and package options [2] - Despite the potential of Expedia, there are suggestions that certain AI stocks may offer greater upside potential and carry less downside risk [2]