Expedia (EXPE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Expedia Group confirmed that it laid off more workers as the Seattle-based travel giant looks to cut costs.
Growth and momentum stocks can offer incredible opportunities, but finding the right ones at the right price can be a challenge. Many high-flying names come with stretched valuations, making them vulnerable to sharp pullbacks.
Expedia (NASDAQ: EXPE) stock has risen approximately 33% since the start of 2024, surpassing the S&P 500, which has gained 27% during the same timeframe. In contrast, competitor Tripadvisor (NASDAQ: TRIP) has declined by 18%.
In December 2024, the travel industry hit an important milestone, at least in terms of air travel. That is, traffic in many continents exceeded 2019 levels for the first time since the 2020 pandemic.
Expedia Group has streamlined operations, unified technology, and focused on core brands, enhancing efficiency and customer experience. International expansion and a thriving B2B segment drive growth, with non-U.S. revenue outpacing U.S. growth significantly. Strong free cash flow, attractive valuations and disciplined capital allocation position Expedia well for significant shareholder returns.
Does Expedia (EXPE) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors interested in stocks from the Internet - Commerce sector have probably already heard of Expedia (EXPE) and Global-e Online Ltd. (GLBE). But which of these two stocks is more attractive to value investors?
Major U.S. equities indexes moved lower to close out the trading week as the January jobs report showed slower-than-expected hiring but a downtick in the unemployment rate. Despite the slump in job additions, the overall resilience in the labor market could encourage the Federal Reserve to hold off on additional interest-rate cuts.
Expedia's fourth-quarter 2024 results benefit from an increase in B2B and advertising revenues.
Travel technology company Expedia Group Inc. EXPE reported better-than-expected fourth-quarter earnings. The following are comments by different analysts on the company's performance.
Expedia stock broke out of a base and reached a record high after a robust earnings report. The post Expedia Stock Soars To New High As Gambling Play Pops Ahead Of Super Bowl appeared first on Investor's Business Daily.