Alert: Positive Investment/Fundamental Signals (12/15/23)-Booking Holdings Inc (NASDAQ: BKNG)


Booking Holdings Inc (NASDAQ: BKNG). Extremely important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Booking Holdings Inc (NASDAQ: BKNG). Notable positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

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.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, BKNG is expected to continue to be a major Value Builder.

Booking Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Booking Holdings has a slightly positive Appreciation Score of 67 and a very high Power Rating of 89, leading to the Highest Value Trend Rating.

Recent Price Action

On 12/15/23, Booking Holdings Inc (NASDAQ: BKNG) stock increased 1.1%, closing at $3479.12. Moreover, exceptionally high trading volume at 332% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.4% during the last week.

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