Here's the Next Stock I'm Going to Buy

The onset of the coronavirus pandemic slashed travel demand worldwide. With a potentially deadly virus in circulation, fewer people were interested in getting on planes, trains, and buses and visiting new locations. As a travel facilitator that operates worldwide, Airbnb (NASDAQ: ABNB) understandably experienced a dip in customer demand and revenue as a result.

What's impressed me, however, is the rebound in Airbnb's business since the administration of COVID-19 vaccines gained momentum. That recovery, the massive market size Airbnb is serving, and a fair valuation are the primary reasons Airbnb will be the next stock I buy.

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Source Fool.com