Could TripAdvisor Inc. Be a Millionaire-Making Stock?
This is a good time to be operating in the online travel industry. People are increasingly choosing to research, plan, and book their hotels and flights from online sources, and they're even open to paying for local attractions and restaurants at the same time.
That's great news for TripAdvisor (NASDAQ: TRIP), whose flagship website is one of the most popular travel destinations on the internet.
Yet that prime market position hasn't translated into strong growth for the company lately. In fact, sales gains were a meager 3% in its core hotel segment last quarter, as net income dove by 21%.
Source: Fool.com
TripAdvisor Inc. Stock
Our community is currently high on TripAdvisor Inc. with 8 Buy predictions and 3 Sell predictions.
With a target price of 22 € there is a positive potential of 33.33% for TripAdvisor Inc. compared to the current price of 16.5 €.