Trip.com Group Limited (NASDAQ:TCOM) is considered one of the most undervalued travel stocks to buy by hedge funds. CGS International reaffirmed a Buy rating on TCOM with a price target of HK$551.00. However, the stock dropped as a potential competitor emerged in the e-commerce market.

Trip.com Group Limited (NASDAQ:TCOM) is under investigation by the State Administration for Market Regulations of China for potential violations of the Anti-Monopoly Law. JPMorgan expects the stock price to be negatively impacted and anticipates a 4-6 month range-bound phase after the initial drawdown.

TCOM is a global travel platform offering a variety of services from packaged tours to advertising. The company operates under several brands, including Ctrip, Qunar, Trip.com, and Skyscanner. While TCOM has investment potential, there are other AI stocks with greater upside and less downside risk.

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Read more at Yahoo Finance: Here’s What Analysts Are Saying About Trip.com Group Limited (TCOM)