Down 42%, This Travel Stock Looks Like a Screaming Buy
Airbnb (NASDAQ: ABNB) stock has drifted lower in recent weeks on concerns about headwinds on consumer spending and rising interest rates. But the sell-off is starting to look like a great buying opportunity.
The travel stock is now down 42% from its peak in 2021 after it shot out of the gate in its initial public offering in late 2020. With the stock now as affordable as it's been in at least four months, let's take a look at three reasons to buy.
Image source: Getty Images.
Source Fool.com
travel BV ADR Stock
€0.56
-6.670%
The community is currently still undecided about travel BV ADR with 2 Buy predictions and 0 Sell predictions.
Based on the current price of 0.56 € the target price of 3 € shows a potential of 439.57% for travel BV ADR which would more than double the current price.
