TCOM stock is banking on robust global travel demand coupled with company-specific growth investments.
In the most recent trading session, Trip.com (TCOM) closed at $68.66, indicating a +0.07% shift from the previous trading day.
Chinese travel company Trip.com Group Ltd. (TCOM) is riding the travel wave and expanding.
Does Trip.com (TCOM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Chinese stocks, including online retailer JD.com, made a run at buy points on Monday after Beijing vowed more proactive stimulus next year. The post Chinese Stocks JD, TCOM, ATAT Flash Buy Signals On Vow Of More Stimulus, Easy Money appeared first on Investor's Business Daily.
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Trip.com is well-placed to capitalize on emerging opportunities and sustain its growth trajectory, with solid momentum in both domestic and international markets.
Trip.com has a strong balance sheet with significant cash reserves, but its volatile revenue growth rates and reliance on China's economy are concerning. Despite a 65% stock increase in 2024, the unpredictable growth rates and limited financial transparency under IFRS reporting make me cautious. The stock is priced at 16x EBITDA, which is somewhat appealing, but the risk-reward profile doesn't align with my Inflection investing strategy.
Trip.com Group Limited (NASDAQ:TCOM ) Q3 2024 Results Conference Call November 18, 2024 7:00 PM ET Company Participants James Liang - Executive Chairman Jane Sun - Chief Executive Officer Cindy Wang - Chief Financial Officer Michelle Qi - Senior IR Director Conference Call Participants Yang Liu - Morgan Stanley Brian Gong - Citi John Choi - Daiwa Andre Chang - JPMorgan Boris Van - Bernstein Wei Xiong - UBS Wei Fang - Mizuho Jiong Shao - Barclays Parash Jain - HSBC Operator [Call starts Abruptly] Third Quarter of 2024 Earnings Conference Call. Joining me today on the call are Mr.
Trip.com (TCOM) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1 per share a year ago.
In the closing of the recent trading day, Trip.com (TCOM) stood at $66.68, denoting a +1.83% change from the preceding trading day.
The latest trading day saw Trip.com (TCOM) settling at $68.42, representing a +1.75% change from its previous close.