Here’s Expedia Stock’s Bull Case after a Stellar Second Quarter
Shares of online travel business Expedia Group (EXPE) have been buzzing after reporting robust second-quarter results, which handily beat analyst expectations. The company benefitted immensely from a rather busy travel season, where lodging bookings were a company record. Moreover, after the recent market correction, EXPE stock is attractively priced with rock-solid fundamentals. Hence, we are bullish on EXPE stock and its long-term prospects. Expedia has bounced back exceedingly well from the pandemic-led headwinds and is now pushing forward on healthy travel demand. It presents an excellent proposition for investors looking at reopening plays to add to their portfolios.
Here’s Expedia Stock’s Bull Case after a Stellar Second Quarter
Shares of online travel business Expedia Group (EXPE) have been buzzing after reporting robust second-quarter results, which handily beat analyst expectations. The company benefitted immensely from a rather busy travel season, where lodging bookings were a company record. Moreover, after the recent market correction, EXPE stock is attractively priced with rock-solid fundamentals. Hence, we are bullish on EXPE stock and its long-term prospects. Expedia has bounced back exceedingly well from the pandemic-led headwinds and is now pushing forward on healthy travel demand. It presents an excellent proposition for investors looking at reopening plays to add to their portfolios.