We recently released a list There are now 15 highest stocks. In this article, we will explore the current position of Booking Holdings Inc. (NASDAQ:BKNG) against other top-priced stocks.
2024 was a sensational year for the U.S. market, with wide market indexes growing by 23.31% over the year, following a 24.2% increase in the previous year. The two-year growth of 53% is the best performance of the index since 66% of the gatherings between 1997 and 1998.
Please read also: Buy 10 Best Units Stocks Now and According to analysts, 12 Best S&P 500 Shares to Invest in.
The market benefits from a lower interest rate, a lower inflation rate, and a resilient economy that avoids recessions. Although analysts are expected to continue to grow in 2025, they are also cautious about the rally where the game is going too far this year. Worries about fierce trade wars and geopolitical conflicts could also hurt stock markets.
Over the past few weeks, President Trump has announced and postponed tariffs on Canada and Mexico, imposing 10% tariffs on Chinese goods and warned the European Union to adopt similar treatment, citing the group's trade protectionist policies to the new government Treatment has already sparked attention in the market about which countries are next on the U.S. presidential list, which has left several large multinationals uncertain about how to plan.
According to analysts at Goldman Sachs Research, index returns could fall by 2-3% if the tariffs proposed by the U.S. continue. Financial markets have been turbulent due to ongoing tariff negotiations between Washington and its major trading partners. This is written by chief equity strategist David Kostin in a recent report.
“If company managers decide to absorb higher input costs, then the profit margin will be squeezed out. If the company passes higher costs to the end customer, sales may be affected. The company may try to back off suppliers and ask for They absorb part of the tariff through lower prices.”
Analysts at the investment banking firm also warn that protectionist policies that drive the value of the dollar may further go to several companies, especially those with a large portion of their revenue outside the United States.
Time will tell whether the Trump administration imposes tariffs or compromises with its trading partners and how the market reacts if export taxes are imposed. But if past trends are to do anything, the overall broad market index fell by 5% when the U.S., which Trump first presided, announced tariffs in 2018 and 2019. The index fell 7% when other countries impose retaliatory tariffs.
As of Friday, February 14, 2025, we went through the filter to identify the stocks with the highest price and ranked them in order of their stock price rising.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks quarterly, returning 275% since May 2014, exceeding 150 percentage points (See more details here).
Is Book Holding Company (BKNG) the most expensive stock now?
A fast-paced travel agency booking for family vacation packages.
Share price on February 14: $5,044.40
Booking Holdings Inc. (NASDAQ: BKNG) offers travel and restaurant reservations online and other related services. It owns and operates several well-known platforms including Booking.com, Agoda, Kayaking and Opentable.
Booking Holdings Inc. (NASDAQ:BKNG) recently announced a strategic partnership with Antom, a leading provider of merchant payments and digital services, to improve payment experience for its Asian customers. The partnership will leverage Antom's cross-border payment capabilities and multi-currency products to provide Booking.com users with a more tailored customer experience.
Booking Holding Company (NASDAQ: BKNG) is The highest priced stock Currently, its share price has risen 35% over the past year. As international travel returns to pre-pandemic levels, investors' optimism about stocks continues to strengthen.
During the most recent 3rd quarter 2024 revenue call, the company reported a 8% year-on-year increase in room nights. Total revenue for the quarter was $8 billion, up 9% from last year, while net revenue was $2.5 billion, consistent with the previous year's results. Total travel bookings were $43.4 billion, up 9% from the third quarter 2023.
Cooper Investor Global Equity Foundation in its fourth quarter 2024 related to booking holding companies (NASDAQ: BKNG) Investor's letter:
The biggest contributors to the returns are booking holding companies (NASDAQ: BKNG) and Liberty Formula One (Fwonk). BKNG is the leading global travel platform (larger than Airbnb and Expedia than booked annual nights). Global travel demand and new CFO Ewout Steenbergen discovered cost-efficiency after a while the headwinds of new CFO Ewout Steenbergen drive operational trends. This led to a 9% increase in revenue in the third quarter, an earnings per share of 16%, which we believe is now sustainable for the business. BKNG has been a very successful investment, with a return of 130% since its first investment in December 2022. However, in the future we see a smaller incubation period of value, so start redeploying capital for more attractive opportunities.
Wall Street analysts use consensus purchase ratings on booking holding companies (NASDAQ: BKNG). According to Insider Monkey's database in the second quarter 2024, 93 hedge funds hold stakes in the company, reflecting strong investor sentiment.
Overall, bkng Ranked third Currently on our list of the highest priced stocks. Although we acknowledge the potential of a conglomerate holding company, our belief is that AI stocks have greater hope and offer higher returns in a shorter time frame. If you are looking for AI stocks that are more promising than BKNG but have less than 5 times its earnings, please check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and A full list of 59 AI companies with less than $2 billion in market value
Disclosure: None. This article was originally published in Internal monkey.
