Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP)
CAPS Rating:
The Company is a consolidator of hotel accommodations and air tickets in China.
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The Company is a consolidator of hotel accommodations and air tickets in China.
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One must simply observe the number of Chinese tourists in Europe to figure out that this is a long-term buy.
Many companies have figured this out and are modifying their services for the Chinese tourist. This will only serve as a catalyst for Chinese travel in the future.
Given this and the recent price stagnation, I believe it's a good long-term buying opportunity.