Priceline
Priceline is the biggest moving stock in the S&P 500 today, and this comes after a S&P research report expects growth to come from Bookings.com, the European version of the online travel agent.
The report also noted another source of growth being the Olympics that are coming to London.
The stock is up almost 5% today and more than 18% for the last month.
The company is slated to release its earnings after the close on February 27. The company has a history of topping the Zacks Consensus Estimate, and it currently stands at $4.79 of EPS on sales of $968 million.
At 18.7x forward earnings and $572 price tag, do you think there is room for PCLN to move higher? Are you a buyer or a seller?
Let us know what you think will happen!
To read this article on Zacks.com click here.
Zacks Investment Research
