2Semana·

Watched for a long time and now struck

I have been watching Booking Holdings ($BKNG (+1,52%)) for around two years and hesitated for a long time. Despite the higher share price (~+50%), I now see an attractive entry point. The decisive factor for me is the clear vision of the management to expand the offering beyond pure accommodation ("Connected Trips": flights, attractions, etc.) and to use AI strategically. As a result, I see $BKNG (+1,52%) strongly positioned to grow further and assert itself as the market leader. The solid balance sheet and significant share buybacks and dividends are very positive in my opinion and give me additional confidence.

02.05
Booking Holding logo
Comprado em € 4.550,00
17
9 Comentários

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I have been with Booking since 1.3.22 and will remain in the portfolio for a long time 🤑
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Booking is a super strong share, up 65 percent since I bought it
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Bumsbude (customer view) 😂 Service is absolutely lousy.

ik the stock and the business is running.
Good luck!
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A bit of FOMO involved, but Booking is really strong 😌 congratulations.
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2Semana
For information Booking was removed from S&P Global's Quality FCF $QUS5 Indexes during the rebalancing in April.
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@TechNav Interesting, do you know why?
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@TechNav I would also be interested
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2Semana
@Pazzzi I would say that the strict criteria are no longer met: weak earnings growth, low free cash flow and a negative book value as debt exceeds enterprise value (P/B -27.7). One could also look at the financial reports in detail and compare them with the methodology of the index.
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@TechNav Profit growth and free cash flow are top. A negative book value is certainly present, as equity is negative (!) due to massive share buybacks. It is possible that this is the decisive factor. In that case, the removal from the index would be half as bad.
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