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3 Momentum Stocks to Watch After Earnings Upgrades
InvestorPlace· 2024-02-23 11:05
A lot of stocks are marching higher after announcing their latest financial results. And it’s not only the “Magnificent 7” that have momentum in their share price. Many smaller, less well-known companies are seeing their stocks climb upwards after delivering earnings that surpassed the expectations of analysts and impressed investors. Equally important has been strong forward guidance, which is serving as a catalyst for many companies. Investors looking to give their portfolio a lift should consider taking ...
Investors Heavily Search Airbnb, Inc. (ABNB): Here is What You Need to Know
Zacks Investment Research· 2024-02-22 15:06
Airbnb, Inc. (ABNB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +5.7% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Internet - Content industry, to which Airbnb, Inc. belongs, has gained 5.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumo ...
Airbnb features a nearly $200 listing — for a tent in a backyard
New York Post· 2024-02-21 01:56
When you imagine booking a camping trip on Airbnb, you might have visions of glamping under the stars in a luxurious bell tent.Perhaps there’s even a rustic hot tub waiting for you to take a dip, before you cozy up by a crackling fire, marshmallow stick in hand.But then, as you scroll through the listings, eager to make this dream a reality, you stumble upon an Airbnb offering that brings you crashing back down to earth. Titled “Large Tent Near The Beach,” this listing promises an experience far removed fro ...
3 Market Disruptors Ready to Triple Your Investment
InvestorPlace· 2024-02-20 22:02
In the marketplace, tech advancements reign supreme. These three market disruptors are positioning themselves to transform various industries. Their revolutionary business models have a steadfast focus on strategic growth.Read more to delve into the strategies and triumphs of these market disruptors. Unravel the secrets behind a potential to triple your investment. From expanding accommodation inventories to scaling telehealth services, these growth stocks serve as a roadmap towards a considerable price ret ...
Artificial Intelligence Concierge: Airbnb's Much Bigger Vision
The Motley Fool· 2024-02-19 15:25
Airbnb's (ABNB -3.29%) core business is performing extremely well and spitting out lots of cash. But the vision for the company changed in 2023.In Airbnb's recent conference call, CEO Brian Chesky outlined how he saw artificial intelligence enabling growth into new markets, which could make Airbnb a much bigger company.*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024. ...
Airbnb properties in UK targeted with new planning rules, national register
Proactive Investors· 2024-02-19 13:27
Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) properties in the UK are being targeted by new rules aimed at improving the rental market. New restrictions on short-term letting were launched today, requiring new planning permission if a house is going to be rented out for more than 90 days in a year, which would imply the property is being used mostly as an Airbnb let or on another platform. The short-term letting rules also include plans to set up a national register of properties being used for short-term letting with ...
Airbnb faces decline in UK listings under new rules
Proactive Investors· 2024-02-19 12:36
Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) could face a decline in the number of short-term lets available in the UK under new plans proposed by Michael Gove. Hosts will need to receive planning permission before they can rent out short-term lets through property rental sites such as Airbnb, the new legislation stated. It comes as the housing secretary hopes to protect both locals in seaside towns across the UK who are “being shut out of the housing market” and traditional B&Bs and hotels which are losing customers ...
3 Must-Know Facts Before You Buy Airbnb Stock
The Motley Fool· 2024-02-19 09:20
With earnings season still in full swing, investors may be encouraged by some positive results. Take Airbnb (ABNB -3.29%)for example. It just reported better-than-expected revenue, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), and guidance. This probably helps explain why shares have risen 15% this year (as of Feb. 15).But the travel stock remains 28% below its peak price. And it trades at a compelling price-to-earnings ratio of 18.9 right now. Before you buy the busines ...
Should You Buy Airbnb Stock Hand Over Fist With $1,000 Right Now?
The Motley Fool· 2024-02-18 14:54
Airbnb (ABNB -3.29%) reported its fourth-quarter results on Feb. 13, and both revenue and management's guidance were better than what Wall Street was expecting.This top travel stock is up almost 16% year to date as of this writing, and it has climbed about 85% since the start of last year, far exceeding the broad market.But with shares still sitting 27% below their peak price, should you buy Airbnb hand over fist with $1,000 right now? Strong momentumDuring the last three months of 2023, Airbnb's revenue in ...
2 Stocks Down 32% and 90% to Buy Right Now
The Motley Fool· 2024-02-17 17:17
The market's doldrums of 2022 have turned into durable tailwinds. The S&P 500 index has gained 20% over the last year, and fears of a recession that never arrived have given way to an official bull market.But not every long-term winner has gotten the bullish memo yet, so savvy investors should be keeping an eye out for potentially undervalued growth stocks. Right now, Fiverr International (FVRR -5.57%) and Airbnb (ABNB -3.29%) stand out as two of the best investment ideas in Wall Street's bargain bin.Fiver ...