Airbnb Has Become a Cash Machine
Airbnb (NASDAQ: ABNB) reported earnings last week that showed just how powerful this cash-generating business is. Not only was revenue up, but the company's cash flow margin is nearly 50% and the company continues to carry nearly $20 billion in cash and deposits that collect interest.
In this video, Travis Hoium covers why this is a great cash flow stock to buy and hold long-term.
*Stock prices used were end-of-day prices as of Nov. 3, 2023. The video was published on Nov. 5, 2023.
Source Fool.com
