3 Things About Airbnb Stock That Smart Investors Know
Airbnb (NASDAQ: ABNB) shares have quietly posted some impressive gains in 2023 so far, with the stock up 36% through mid-February. This rebound came amid a wider rally in the tech world and in growth stocks that got punished last year.
But Airbnb has some distinguishing characteristics that make it a more attractive stock than some of its tech peers. Let's look at three key factors that set this rental platform provider apart as an investment.
The middleman approach can be an incredibly efficient operating model when deployed correctly, and Airbnb is on the right track here. In contrast with many other high-growth stocks, the room and home rental specialist is generating solid profits and cash flow.
Source Fool.com
