🏖️ Anyone already planned their holiday? 😄
$TripAdvisor(TRIP)$Been looking at this for a long time & finally hit my price target at the resistant level around 30.
Although tripadvisor comes with some negative news.
▶️the CEO to leave post in 2022
▶️reports of its third-quarter earnings not meeting analyst estimates
▶️disappointing investors by the figures
But... In my opinion
✅ New CEO meaning new idea 💡 & it bring improvement & new changes to the company
✅ Insiders are buying these few day & citigroup has price rating at 48, the recover of tourism will be starting very soon
✅ The speed up of vaccination in many countries, the reopen of tourism give potential upside to the price
Let see who will be the new CEO & what innovations he/she will bring to the company.
If you noticed that $Airbnb, Inc.(ABNB)$already started to rebound around Aug at the price 145 & until today it close around 199.
The fundamental still remain the same & the recover of tourism is coming soon.
Stay safe & all the best.
vallimyh
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- EvelynHoover·2021-11-18Interesting point of view. Indeed, a new CEO will bring new vitality to the company. The change of stock price will become the market's evaluation of the new CEO. Let's wait and see!2举报
- MMMia·2021-11-18Tripadvisor’s performance has been weak for a long time and it’s difficult to be quickly changed by a new CEO. It feels like not well before the covid-191举报
- NinaEmmie·2021-11-18Don't pay too much attention to those analysts' forecasts. In many cases, their predictions are subjective. We should pay more attention to the long-term development of this company.2举报
- PageDickens·2021-11-18With the effective control of COVID-19, I believe the company will get better. Tourism will be a promising industry. People's demand for tourism has only disappeared for a short time.2举报
- JeromeErnest·2021-11-19the new ceo incoming is definitely a good news for tripadvisor, the old ceo is just too old fashioned, he does not have the internet thinking mindset点赞举报