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$12.81 -0.90 (-6.56%)
10/7/2008 3:45 PM

Expedia, Inc. (EXPE)

CAPS Rating:
**

The Company and its subsidiaries provide travel products and services to leisure and corporate travelers in the United States and abroad.

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Recs

1

Avatar weiwentg (34.89) Submitted: 8/06/07 10:33 AM : Outperform Start Price: $27.38 EXPE Score: -21.59

Same thesis as the last time I picked it: Expedia is building a moat in the online travel industry. I only ended my pick because I thought the stock was going to be static just under $30 before they completed their planned mega-buyback. they can't do that now, because financing conditions have changed drastically, but that's a problem with the debt markets, not the company. they have strong cash generation.

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