Tripadvisor (TRIP) facing challenges with overall sales growth, compared to AI stocks

From Yahoo Finance: 2025-04-16 10:39:00

Middle Coast Investing’s first-quarter investor letter highlighted a challenging quarter with increased cash goals and more sales than purchases. US Portfolios returned -3.7%, while European Portfolios saw a 9.2% appreciation. Tripadvisor, Inc. (NASDAQ:TRIP) stock closed at $11.86 on April 15, 2025, after a 19.92% one-month return and 53.31% loss over 52 weeks.

The Q1 2025 investor letter from Middle Coast Investing focused on Tripadvisor, Inc. (NASDAQ:TRIP), noting similarities with Vimeo and market reactions to growth strategies. Tripadvisor, Inc. (NASDAQ:TRIP) had a 5% revenue increase in Q4 2024, with 40 hedge fund portfolios holding the stock. Middle Coast Investing views AI stocks as more promising for higher returns.

Tripadvisor, Inc. (NASDAQ:TRIP) was not among the 30 most popular stocks among hedge funds in Q4 2024, despite a 5% revenue increase to $411 million. While acknowledging Tripadvisor’s potential, Middle Coast Investing sees greater promise in AI stocks for higher returns. The firm’s conviction lies in the belief that AI stocks offer better investment prospects than Tripadvisor.



Read more at Yahoo Finance: Here’s What is Hurting Tripadvisor’s (TRIP) Overall Sales Growth