I still believe that this company would make a tasty morsel for a larger group and it is worth picking up small chunks on weakness. Alternatively, the company may well look to different areas of business and make its own acquisitions. Whatever happens, there are reasons to be bullish.
Broker comment seems to be mixed for Tripadvisor but surely there must be potential for long-term growth? The shares took a hit towards end of July but appear to be consolidating at the moment. One broker has a price target of $48 against the current price of $54 but there are other more positive views out there: https://news.google.com/search?q=tripadvisor shares&hl=en-GB&gl=GB&ceid=GB:en
While consumer trust may have fallen:- https://www.independent.co.uk/trave...abta-holiday-habits-2018-report-a8575186.html I think the shares may have been oversold. There will always be a place for review sites although they will need to "be seen" to improve quality of reviews, etc going forward. A nice little cashcow? https://www.afr.com/markets/leah-zell-modern-value-investing-is-all-about-cashflow-20180914-h15e1q
In a sea of volatility it looks as though TripAdvisor is being seen by many as a potential port in a storm. Perhaps investors will begin to appreciate the more steady approach to long-term growth.
A little bit of light reading for Tripadvisor fans:- https://simplywall.st/stocks/us/med...en-selling-tripadvisor-inc-nasdaqtrip-shares/
Looks to me like the buyers have started to nibble away at the share price. Forming a solid base for the future?
