On May 20, TD Cowen Kevin Kopelman noted the course of Cours on Trip.com Group Limited (Nasdaq: TCOM) from $ 67 to $ 75 and maintained a purchase note after the company recorded strong income growth in the first quarter of 20125.
Trip.com recorded a turnover of $ 1.92 billion, exceeding estimates of $ 1.15 million and up 16% compared to a year ago. Kopelman remains optimistic about Trip.com on the basis of several factors, including its solid performance and its strategic positioning on the market.
An airport terminal full of travelers wishing to use the company’s services.
The analyst cites continuous growth in the interior market of Trip.com and international expansion as key growth factors. The reservation of incoming travel of the company has skyrocketed more than 100% in annual sliding in the first quarter, driven by increased global visibility and favorable visa policies. The analyst believes that Trip.com’s advertising expenses have been a key strategic decision that has fueled international growth, especially in Asia. According to Kopelman, this will potentially lead to long -term income growth.
Trip.com Group Limited (Nasdaq: TCOM) Travel reservations on its international OTA platform increased by 60% compared to a year ago. In addition, the company’s net species and investments about $ 12.8 billion also add to the positive prospects.
While we recognize the potential for TCCOM growth, our conviction lies in the conviction that certain AI actions are more promising to offer higher yields and have a limited risk of decline. If you are looking for a more promising ia stock than TCOM and which has a 100x increase potential, consult our report on this subject Stock ai the cheapest.
Read then: 30 best actions to buy now according to the billionaires And 15 small capitalization health care stocks.
Disclosure. None.
