|Bid||1,722.00 x 1000|
|Ask||1,764.99 x 800|
|Day's Range||1,738.91 - 1,776.84|
|52 Week Range||1,606.27 - 2,228.99|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||30.72|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,168.03|
Editor's note: This story was previously published in September 2018. It has since been republished and updated with new information. The potential to become wealthy often means investing in an enterprise when it is small and waiting for the entity to grow large. For this reason, many investors are willing to take chances on what they believe to be hot penny stocks. Investors in these stocks often lose everything … but they can also end up earning massive profits from a small amount of investment capital. For example, Booking Holdings Inc (NASDAQ:BKNG) (formerly known as Priceline.com) traded as low as $1.08 per share in 2001. BKNG now trades over $1,982 per share. American Tower Corp (NYSE:AMT) fell to 60 cents per share in 2002 following the dot-com crash. AMT now sells for about $145 per share. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Lithium Stocks to Buy Despite the Market's Irrationality I cannot guarantee such a comeback for any penny stock of today. The following four stocks, however risky, could be positioned for outsized gains in various industries: Source: Shutterstock ### Arotech Corporation (ARTX) Year-to-date gain: 19.25% Arotech Corporation (NASDAQ:ARTX) functions as a defense and security services company. Despite its market cap of only $84 million, it operates in multiple countries and competes with the likes of General Electric Company (NYSE:GE) and Honeywell International Inc. (NYSE:HON) through its Power Systems division. ARTX also serves as a defense contractor and makes products designed for military, homeland security and law enforcement purposes. Considering the Trump administration's commitment to increase defense spending, Arotech could find itself well-positioned to benefit. However, like all hot penny stocks, this play remains speculative. Its revenues for 2017 stood at $98.72 million. Its 2014 revenues were $103.57 million, so this company has struggled with growth. Arotech was founded in 1990, and one of its divisions came into existence in 1971. Hence, the build to these revenues has been slow. The company earned a profit of 17 cents per share in 2017. Still, profits are expected to grow to 18 cents per share in 2018 and 26 cents per share in 2019. This could indicate this company may enjoy some growth. If the company can sustain that growth and speed up its slow growth trajectory, its forward price-earnings ratio of 12.6 starts to appear very low. Source: Shutterstock ### Mid-Con Energy Partners (MCEP) YTD gain: 10.64% Tulsa-based Mid-Con Energy Partners LP (NASDAQ:MCEP) is an upstream oil and natural gas producer. As an exploration and production company, times are great when oil prices are high. However, in an environment of low prices, revenue generation becomes a struggle. While crude oil now traded in the $70-per-barrel range as recently as September, its highest price since 2014, oil now trades around the mid-$50s. MCEP stock traded as high as $27 per share in 2013. The oil price slump of 2014-2016 hit its interests hard. By 2016, MCEP had become a penny stock, trading as low as 73 cents per share at one point. The stock has struggled to gain traction since then, briefly reaching $1.75, and now trades just above a dollar. However, company financials may have begun a turnaround. Revenue fell from $96.91 million in 2014 to $56.1 million by 2016. Although revenues rose to $58.93 million in 2017, analysts estimate revenues will remain below $60 million for both 2018 and 2019. * 7 Dark Horse Stocks You Really Need to Look at for 2019 Whether those estimates factor in higher crude prices remains unclear. And at these levels, investors should still consider MCEP stock speculative. However, the stock remained consistently above $20 per share while oil traded above $100 per barrel. If oil can get its mojo back, perhaps MCEP stock will return to 2013 levels and become one of the Street's hot penny stocks. Source: Shutterstock ### mCig (MCIG) YTD gain: 5.8% Las Vegas-based mCig Inc (OTCMKTS:MCIG) is a marijuana industry holding company. Once limited to vaporizers, it has transformed itself into a full-scale marijuana cultivation construction company. While they had operated only in Nevada, the company landed contracts in California and New York earlier this year. Seeing business come in from across the country shows encouraging signs and could make MCIG one of the top marijuana penny stocks. However, financials also remain sparse. The company saw $1.72 million in revenues in 2016. This grew to $4.78 million in fiscal 2017, and the company made $1.53 million in that fiscal year. The company has brought in over $6 million in the first three quarters of 2018. Still, investors should still treat this as a speculative play. The stock enjoys rapidly rising revenues and profits. However, MCIG stock still trades under 25 cents per share, indicating lingering investor doubts. It has never traded above $1, though it briefly reached 92 cents per share in 2014. Still, it will need to see more growth before becoming one of the hot penny stocks. The current price stands well above the 5-cents-per-share level where the stock traded for most of 2016. If the company can continue gaining traction, its current $80 million market cap could rise much higher. Source: Shutterstock ### Tuesday Morning Corporation (TUES) YTD gain: 4.4% Dallas-based Tuesday Morning Corporation (NASDAQ:TUES) has become one of many retailers which have struggled to stay profitable in a changing retail environment. Founded in 1974, the company expanded across the country, operating in 41 states by 2001. During the past few years, the company has been plagued by high turnover in its top management and struggled to remain profitable. Still, the company operates 724 stores across the U.S., which by itself should make it one of the hot penny stocks. Moreover, revenue grew by 3.9% in its latest quarterly report. Comparable store sales rose by 3.8% in Q1 2019 as well. Investors should also note that the company relocated 58 stores in the last 12 months. However, given that analysts expect net losses for both the current year and the year after, investors should still treat this stock as speculative. * 3 Earnings Reports to Watch Next Week Still, a stock price in the $1.90 per share range and a market cap of about $88 million seems low for a company with 724 stores. Traders should also keep in mind that this stock traded at over $22 per share in late 2014. If management can maintain revenue increases and return TUES stock to profitability, those who buy now could enjoy outsized gains from a dramatic comeback. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post 4 Hot Penny Stocks That Could See Outsized Gains appeared first on InvestorPlace.
SAN FRANCISCO, Jan. 18, 2019 /PRNewswire/ -- OpenTable, the world's leading provider of online restaurant reservations and part of Booking Holdings, Inc. (NASDAQ: BKNG), today announced that OpenTable Dining Points can be used for hotel savings. OpenTable Dining Points are received by making and honoring reservations at participating restaurants, and can be redeemed for Dining Rewards, which can be used toward meals at over 20,000 participating restaurants on OpenTable, and now, hotel savings.
NORWALK, Conn., Jan. 17, 2019 /PRNewswire/ -- The biggest potential barrier to Internet adoption is not technical, but language, according to a new survey, "The Next Billion Online," conducted by Booking Holdings (BKNG), the global leader in online accommodations and travel e-commerce. According to the research, which explored the impact of Asia's digital transformation, three-quarters of respondents (76%) said that the online dominance of English prevented their countrymen and women from fully participating in a digitally economic, cultural and social life. Similarly, 76% of respondents cite lack of affordable Internet service as a major barrier and 72% cite lack of affordable devices.
# Booking Holdings Inc ### NASDAQ/NGS:BKNG View full report here! ## Summary * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for BKNG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKNG. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.62 billion over the last one-month into ETFs that hold BKNG are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Part of Booking Holdings Inc. (BKNG), Booking.com now employs more than 17,000 employees in over 200 offices in 70 countries worldwide. With a mission to empower people to experience the world, Booking.com invests in digital technology that helps take the friction out of travel.
TORONTO , Jan. 16, 2019 /CNW/ - Booking.com, the global leader in connecting travellers with the widest choice of incredible places to stay, conducted research and coupled it with its own data and insights to reveal what inspires Canadian travellers to leap into the unknown by selecting alternative travel accommodations. 41% of Canadian travellers agree that staying in a home-type accommodation lets them see areas of their destination that they wouldn't have explored otherwise. Almost half (40%) of Canadian travellers state that staying in a home-type accommodation allows them to feel that they are getting the most value for their money.
LONDON , January 16, 2019 /PRNewswire/ -- Today Booking.com, one of the world's leading digital travel platforms, reveals what's driving travellers into original homes, tree houses, boats and beyond: From ...
Strategic Partnership Enables Hard Rock Cafes to Continue to Offer Guests Superior Hospitality with the Added Convenience of Online Reservations and Marketing Capabilities HOLLYWOOD, Fla. , Jan. 15, 2019 ...
Groupon (NASDAQ:GRPN) has spent much of its history in penny-stock territory. Since falling below $5 per share in the middle of 2015, GRPN stock has rarely traded above that level, as its revenue growth has stagnated. However, despite its numerous flaws, GRPN appears to have placed itself on the path to profit growth. That change, along with the depressed stock price, have made the valuation of Groupon stock low. Although the nature of Groupon's business makes GRPN a risky play, profit growth could finally break it out of its range. ### GRPN Stock Looks Attractive, But Risky To be sure, one can see why the price of GRPN is so low. From a fundamental perspective, Groupon sells a commoditized product: product and service discounts. Its competitive moat consists of the "Groupon" brand. In theory, anyone can enter this business, and many have. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Morgan Stanley: 7 Risky Stocks to Sell Now That point alone has pushed many away from GRPN stock. In his passionate case against GRPN stock, my colleague, Josh Enomoto, referred to this equity as a "contrarian magnet." He makes a tough but fair case against GRPN. Aside from the company's thin competitive moat to which I alluded, Enomoto cited the company's declining revenue. He also mentioned its attempts to enter other businesses, which in his view makes Groupon a "confused brand." I see much truth in what he says. Due to these risks, I do not think GRPN stock is worth its $20-per- share IPO price today, nor was it at the time of its IPO in 2011. However, this is 2019, and Groupon stock trades at around $3.50 per share. I think that changes the dynamic. Thanks to its depressed stock price and its earnings, GRPN trades at a forward price-earnings ratio of 14.7. Granted, that might not mean a lot if its profits drop going forward. However, Wall Street forecasts that Groupon's earnings will increase by double-digit percentage levels in both 2020 and 2021. ### The Case for a Speculative Trade While these numbers build a contrarian case for Groupon, investors need to remember that GRPN stock remains speculative. I do not recommend that investors make GRPN stock a significant part of their retirement portfolios. However, traders do not become rich from buying Amazon (NASDAQ:AMZN); they build their wealth by purchasing the next Amazon. I'm not suggesting that GRPN stock will reach Amazon's $800-plus billion market cap. Still, Amazon's rise indicates that investors should speculate to a certain extent. Also, investors should keep Groupon's weaknesses in perspective. For instance, the fact that Groupon is profitable indicates that GRPN stock will probably not tumble like the shares of Blue Apron (NYSE:APRN). Additionally, none of Groupon's numerous competitors has matched its success. The one company that came close, Living Social, is now owned by Groupon. GRPN also reminds me of an experience I had with a stock called Priceline. Many years ago, I bought Priceline for just over $3 per share. I later sold it in the $8 per-share-range, happy about my "huge profit." Today, Priceline goes by the name Booking Holdings (NASDAQ:BKNG) and trades for about $1,650 per share. I'm not promising that GRPN stock will reach the same levels in the next 10 or 15 years. Nor do I want to beat myself up for selling Priceline way too early. All I am doing is making an argument for buying speculative stocks, whether it's GRPN stock or other penny stocks with potential. GRPN stock could at least potentially be profitably traded. It reached as high as $5.65 per share in the last year and traded for over $8 per share in 2015. GRPN can be profitable for investors simply by returning to those levels. It can generate a much larger profit if it can break out of its ranges of the last few years. ### Final Thoughts on GRPN Stock Despite Groupon's weak competitive position and the current lack of direction of GRPN stock, a case can be made for speculating on GRPN stock. GRPN has stagnated for years, and, in light of Groupon's business model that others could easily copy, one can easily see why Groupon stock has gained little traction. However, given Groupon's rising profits and low valuation, conditions that can push GRPN higher have begun to appear. Furthermore, GRPN could deliver outsized returns in the long run, particularly if it can maintain double-digit profit growth and become more focused. Indeed, if Groupon's profits keep growing and its focus becomes clearer, GRPN stock could become the company's best discount yet. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post Groupon Stock Is a Great Bargain …If You Can Handle the Risk appeared first on InvestorPlace.
Resistance is a precursor to many winning runs by superior growth stocks. Learning to recognize and use it is a fundamental investing skill.
Amazon (AMZN) is delivering free product samples to customers to test the product before final purchase. This is likely to aid momentum across its customers.
Reflecting the mood of those markets, the calls were a mix of buys and sells. But if any theme emerged it was a concern about an economic slowdown.
Amazon's (AMZN) new product and service introductions are likely to aid its momentum further in the smart home and e-commerce markets.
# Booking Holdings Inc ### NASDAQ/NGS:BKNG View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for BKNG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKNG. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, ETFs holding BKNG are favorable, with net inflows of $14.63 billion. Additionally, the rate of inflows is increasing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK , January 8, 2019 /PRNewswire/ -- Today Booking.com is honoring its accommodation partners that consistently deliver great guest experiences with a 2018 Guest Review Award. For the seventh annual ...
TORONTO , Jan. 8, 2019 /CNW/ - Today Booking.com, one of the world's leading digital travel platforms, is honouring its accommodation partners that consistently deliver great guest experiences with more than 2,200 Canadian properties claiming a 2018 Guest Review Award. Canada's reported most welcoming destinations include Niagara on the Lake , Victoria , Vancouver , Halifax , Calgary , Whistler, and more. Two out of the three of the most welcoming property types in Canada are alternative accommodation options: B&Bs (1,568), Apartments (1,048), and Hotels (1,987).
It was the most successful in a series of acquisitions that also included booking site Agoda and travel search engine Kayak that has helped the company’s stock climb for years. Close to 90% of Booking’s profit now comes from outside the U.S. Over the past year, the Norwalk, Conn., company has spent nearly $1 billion on Chinese tech companies, including ride-hailing giant Didi Chuxing Technology Co. and Meituan Dianping, whose all-in-one app lets hundreds of millions of users post restaurant reviews, buy movie tickets and book rides, food delivery or hotel rooms. The spending adds to nearly $1.3 billion of investments that Booking previously made in its top Chinese rival, online travel agency Ctrip.com.
Short interest is extremely low for BKNG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKNG. Over the last month, growth of ETFs holding BKNG is favorable, with net inflows of $21.64 billion.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Booking Holdings Inc.'s (NASDAQ:BKNG) P/E ratio and reflect on Read More...
Everyone loves to find the next great growth stock, but it's easier said than done. Here are three intriguing options to look over as we head into 2019.
In November 2016 I went for a job with one of the top hedge funds in Australia. I was excited. I do not have the traditional analyst background and was coming from a distribution role so I thought this would be my breakthrough moment. *cue 8 mile music* My palms were sweaty, my knees were […]
Short interest is extremely low for BKNG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKNG. ETFs that hold BKNG had net inflows of $10.49 billion over the last one-month.