Why Airbnb Can Actually Benefit From Higher Interest Rates
There are plenty of reasons to invest in Airbnb (NASDAQ: ABNB).
The company has a near monopoly in home-sharing with an estimated 74% share of the market. It's generating gobs of free cash flow, and it's disrupting a travel industry valued at over $1 trillion.
However, one reason to own Airbnb you may not have considered is that, unlike most tech stocks, the travel stock can benefit when interest rates go up.
Source Fool.com