Summary
- Large drop in the stock of TripAdvisor over the last two months makes the stock attractive.
- New initiatives are leading to solid 30% revenue growth and future upside potential.
- Short-term fears over travel reductions due to Ebola will give way to the benefits of lower oil prices.
After skyrocketing from $30 back in November 2012 to $110 in March of this year,
TripAdvisor (NASDAQ:TRIP)
has now spent the last year consolidating. The online travel review
site continues with fast expansion amidst global growth initiatives. The
company faces many global travel headwinds including slowing growth and
the Ebola outbreak, but none of the issues should impact long-term
travel trends. The reduced oil prices should help the industry, but the
consistent growth prospects should top the issues making the stock
volatile.
Read
full article at Seeking Alpha.
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