TripAdvisor | TRIP | Long at $14.83Travel Boom: Commence. TripAdvisor, Viator, and TheFork NASDAQ:TRIP
Pros:
Profitable company
Earnings are forecast to grow by an average of 30.9% per year for the next 3 years
Debt to equity is 0.94x (low)
My historical simply moving average is approaching the price (which may lead to price spike)
Cons:
P/E is 68.37x
No dividend
A lot of industry competition
Insiders recently exercising options
I anticipate a global travel boom, particularly in the US, as a wealth transfer occurs and baby boomers spend their money. Thus, at $14.83, NASDAQ:TRIP is in a personal buy zone.
Target:
$17.00
$19.00
$25.00
$34.00 (very long-term outlook)