|Bid||3,156.34 x 1100|
|Ask||3,180.00 x 1000|
|Day's Range||3,099.05 - 3,179.26|
|52 Week Range||1,907.38 - 3,251.71|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||22.33|
|Earnings Date||Feb 21, 2024 - Feb 26, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3,434.15|
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Now may finally be the time for investors to book a position in Booking Holdings (NASDAQ: BKNG). After a pandemic that nearly brought the travel industry to a standstill, Booking has benefited from pent-up demand for travel. Who is Booking Holdings?
Shares of travel companies Booking Holdings (NASDAQ:BKNG) and Expedia (NASDAQ:EXPE) have soared significantly this year, thanks to robust travel demand. With the generative AI boom, both companies are embracing AI with open arms to enhance user experiences and streamline operations, thereby boosting their revenue and profits. I believe that AI, along with a surge in travel demand, could be a huge catalyst for both, leaving me bullish on BKNG and EXPE for the long term. Here, we have used TipRank
The travel industry is holding up much better than it was supposed to be at this point, boding well for 2024.