Expedia Group Inc. (NASDAQ:EXPE) is named among the best magic formula stocks to invest in. Bank of America analyst Justin Post maintains a Buy rating with a $211 price target, citing the company’s exposure to US points of sale. The second quarter was challenging for US travel, but potential for revival exists.
To sustain EBITDA margins, Expedia is reducing expenses and has appealing valuation multiples. New airline partners like Ryanair and Southwest are expected to boost market share. The company’s EPS growth could be driven by significant free cash flow and potential share buybacks.
Expedia Group Inc. (NASDAQ:EXPE) operates as a US and international online travel company, divided into B2C, B2B, and Trivago sectors. While EXPE shows investment potential, certain AI stocks may offer greater upside with less downside risk. An undervalued AI stock report is available for those interested in exploring more options.
Read more at Yahoo Finance: Bank of America Sees Upside for Expedia (EXPE) Despite Travel Headwinds
