TripAdvisor LLC (NASDAQ:TRIP)
CAPS Rating:
The company runs travel research websites in 30 countries and 21 languages, including market leader TripAdvisor.com.
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The company runs travel research websites in 30 countries and 21 languages, including market leader TripAdvisor.com.
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TripAdvisor makes money and doesn't have a "high" PE ratio, but it is still a bit overvalued to me. Worth about $700 million on the books and over $6 billion on the market. Without a moat or novelty to its products/services, something's got to give.
just be careful i originally made good green points on this based on how much i saw people at the book store researching their vacations. we were going to start a similar business as this one. people are flocking to this type of thing. over valued for sure, but may get sustained so i hesitated to red thumb it
I can always jump out should the price fall.
im redding it for a bit, its got to pull back some just has to. long term im green though