This Disruptive Tech Stock Just Went on Sale. Here's Why I'm Buying More of It.
Airbnb (NASDAQ: ABNB) has been one of the biggest disruptors of the mobile era. The company has transformed the hotel and accommodations industry, essentially inventing a new category of short-term lodging.
While Airbnb has become a formidable player in the accommodations industry, the stock hasn't always been a winner as it faces a number of risks from regulators, rising competition from traditional online travel agencies like Booking Holdings, and the volatility inherent in a cyclical industry like travel.
That vulnerability was on display in its second-quarter earnings report as the stock plunged 17% in after-hours trading, reaching its lowest point in more than a year. Let's break down the earnings report before discussing why the sell-off offers a good buying opportunity for investors.
Source Fool.com
travel BV ADR Stock
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.
