Booking Holdings Inc. (BKNG) has been a trending stock, with mixed views among asset management firms. Notable firms have adjusted their stakes in the company; some decreasing their holdings, such as SageView Advisory Group, Royal London Asset Management, and HighVista Strategies, while others have increased their stakes like Tabor Asset Management, Benjamin Edwards Inc., and Weiss Asset Management. The company's performance has outpaced the S&P 500 and has witnessed an 11.7% rise since its last earnings report. Oppenheimer has forecasted strong price appreciation for the stock. Booking Holdings CFO recently presented at Nasdaq's 51st Investor Conference in London and the company has beaten Q3 earnings and revenue estimates. An exploration into its intrinsic value and market share gains contributes to it being a top pick for long-term investment. With a host of different indicators such as its Q3 results beating expectations due to strength in European travel and a potential job cut as part of a reorganization plan, Booking Holdings stands as a strong growth stock, though its valuation may be considered high for some investors.
Booking Holdings BKNG News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 07 Dec 2024 16:01:13 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
