Wall Street has become more optimistic about Airbnb (NASDAQ: ABNB) in recent weeks. While the stock is in negative territory over the past full year, shares jumped over 30% in the month of January.
Rising confidence about economic growth trends played a big role in that rally. But investors are also projecting that the home- and room-rental giant will have good news to report in its next earnings announcement in a few weeks.
With that potential catalyst in mind, let's look at whether Airbnb stock looks attractive today.
Source Fool.com