TripAdvisor | TRIP | Long at $14.83
Updated
Travel Boom: Commence. TripAdvisor, Viator, and TheFork 
TRIP
Pros:
Cons:
I anticipate a global travel boom, particularly in the US, as a wealth transfer occurs and baby boomers spend their money. Thus, at $14.83,TRIP is in a personal buy zone.
Target:
TRIP Pros:
- Profitable company
- Earnings are forecast to grow by an average of 30.9% per year for the next 3 years
- Debt to equity is 0.94x (low)
- My historical simply moving average is approaching the price (which may lead to price spike)
Cons:
- P/E is 68.37x
- No dividend
- A lot of industry competition
- Insiders recently exercising options
I anticipate a global travel boom, particularly in the US, as a wealth transfer occurs and baby boomers spend their money. Thus, at $14.83,
TRIP is in a personal buy zone.Target:
- $17.00
- $19.00
- $25.00
- $34.00 (very long-term outlook)
Trade active
Target #1 reached for a 14.6% gain.
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