Airbnb grows thanks to positive analyst reviews Airbnb shares $ABNB…

· Mar 12

Airbnb grows thanks to positive analyst reviews

Airbnb shares $ABNB saw gains after a Jefferies analyst raised his recommendation to "Buy" and set a $185 price target.

Reasons for optimism:

- Strong booking growth and new products boost investor confidence

-Expansion beyond traditional lodging - $ABNB is betting on travel experiences and sponsored offerings as additional revenue streams

- Strategic investments and demographic trends support long-term growth in the global market

If $ABNB maintains its pace of innovation and bookings growth, it can have a strong future despite competition and regulatory challenges.

It's not very interesting to me, so I mostly just watch it.

I can understand that given this sector.

I may be more interested in $BKNG from this sector, which is better off financially and the stock performance is better over the long term.

I've been looking at $BKNG too, but the price isn't very good to buy right now.

The stock is cheap right now, and that could be a good opportunity as the company should do well this summer and those results should be strong.

But that's what bothers me. This sector is very cyclical and stocks only go up over a period of time.