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Is it Time to Get Greedy With Priceline Group Stock?

TheMotleyFool

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Is it Time to Get Greedy With Priceline Group Stock?

Priceline (NASDAQ: PCLN) rallied nearly 20% this year, easily outpacing its rival Expedia's (NASDAQ: EXPE) 8% gain. However, Priceline remains down nearly 10% over the past month after its fourth quarter profit guidance missed analyst expectations.

I think that sell-off was an overreaction, and that the dip could mark a good buying opportunity for four simple reasons.

Image source: Getty Images.

Source: Fool.com