Alert: Positive Investment/Fundamental Signals (11/29/23)-Expedia Group Inc (NASDAQ: EXPE)

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Expedia Group Inc (NASDAQ: EXPE) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent significant positive changes in fundamentals have benefitted Expedia Group Inc (NASDAQ: EXPE): the consensus estimate for December, 2024 increased significantly, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

EXPE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Expedia Group has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Expedia Group has a good Appreciation Score of 78 and a good Power Rating of 85, and the Highest Value Trend Rating results.

Recent Price Action

Expedia Group Inc (NASDAQ: EXPE) stock closed at $135.75 on 11/29/23 after a slight gain of 0.2%. Moreover, trading volume in this advance was exceptionally high at 319% of normal. The stock has risen 0.6% during the last week and has been exceptionally strong relative to the market over the last nine months.

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