Expedia Is A Bargain Even As The Economy Deteriorates
EXPEExpedia Group(EXPE) Seeking Alpha·2024-09-12 13:32
JHVEPhoto/iStock Editorial via Getty Images Executive summary Expedia Group (NASDAQ:EXPE) has largely been a disappointment to long-term investors, however we believe that the fortunes of the business are about to change. As you have guessed, Expedia is a value play, not a deep value situation, though. The company is strong in its key markets due to the leading scale, it is also very cash-generative and its revenues are growing. The B2B division of Expedia is experiencing rapid growth and driving the wh ...