Priceline just won't stop growing
The online travel site continues its march upwards after its earnings report, due to more strong growth. Can it keep going higher?
In this video from Friday's Stock of the Day, Motley Fool analyst Brendan Mathews discusses what he believes to be a secular trend in Priceline's favor. A growing number of people are making their travel bookings online, and with Priceline's Booking.com platform being one of the largest and most convenient to use, more and more people booking their travel plans are gravitating towards the site.
That said, is the stock a buy, or has it already soared a little too high?
Brendan still sees opportunity here for investors to get in. He sees the massive growth tailwinds that have been favoring the company as ones that will continue, and thinks that at 20 times forward earnings, considering the growth prospects ahead of the company, he sees the stock as fairly valued today.
The Motley Fool's 12 top stocks for 2014 are now available!
So if you're tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2014: The Investor's Guide to the Year Ahead. It's The Motley Fool's current top report, and includes Chief Investment Officer Andy Cross's top stock for 2014! T
his under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet. Find out what it is and how you can take advantage of this unseen company's huge profits in this special, free report, just click here now.
This is "IT":....This is the Stock of The Day ??
Priceline.com or (NASDAQ .. PCLN)
Trading at 1315.65 at closing
52 week high 1333.12
52 week low 665.05
....What changed in a 52 week period that increased the value of this Stock...
One share at $1315.65 .. And they produce WHAT??
If this isn't a sign of a Market Gone "OVER THE EDGE",,,, "Tell Me What IS"
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Like many companies this winter, the fast-food giant blamed a drop in same-store sales on the weather. But could its problems be bigger than a snowbank?
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.