TripAdvisor stock (TRIP) surges 16.7% on growth in booked experiences

TripAdvisor’s stock (TRIP) soared 16.7% to $17.5, driven by high trading volume. The company is experiencing growth in booked experiences, aided by sites like TheFork and AI implementation. Analysts expect quarterly earnings of $0.42 per share and revenues of $530.44 million, up 6.7% from last year.

Travelzoo (TZOO) in the same industry closed 0.7% higher at $13.31. Analysts expect a quarterly EPS of $0.23, unchanged from last year. The stock has a Zacks Rank of #2 (Buy). Experts have identified 7 elite stocks, including these two, as “Most Likely for Early Price Pops,” with an average yearly gain of +23.5%.

For more stock insights and recommendations, you can download the 7 Best Stocks for the Next 30 Days report from Zacks Investment Research. TripAdvisor (TRIP) and Travelzoo (TZOO) are included in the list. TripAdvisor currently carries a Zacks Rank #3 (Hold), while Travelzoo has a Zacks Rank of #2 (Buy).

Read more at Nasdaq: TripAdvisor (TRIP) Surges 16.7%: Is This an Indication of Further Gains?