Why Expedia stock could be a cyclical darling for investors in 2024
EXPEExpedia Group(EXPE) Invezz·2024-02-06 21:20

2024 is shaping up to be an exciting year for stock markets. The US economy is strengthening, as the recent payroll numbers suggest. As such, it could be an interesting year for cyclical stocks like Expedia Group Plc. (NASDAQ:EXPE). The stock is up 27% in the past year, and there are indications that the positive momentum could continue.Cyclical stocks move with the state of the economy. The gain in value during economic expansions and fall during challenging times. As a travel technology company, Expedia f ...