Good moves by EXPE

Article Excerpt

EXPEDIA GROUP INC., $128.73, is a buy. The company (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $17.5 billion; No dividends paid) operates the world’s largest travel booking platform. Its brands include Expedia, Orbitz, Travelocity, Vrbo and Hotels.com. Expedia has announced several partnerships to expand its global footprint across the Asia-Pacific, North America, Europe and the Middle East regions. For example, in the Asia-Pacific region, Expedia is collaborating with Tourism and Events Queensland and others to showcase Australia’s unique culture. In the Middle East, Expedia has partnered with Visit Qatar to boost its tourism demand. The outlook for travel seems bright over the next few years, and Expedia is in a great position to profit. Expedia Group is a buy. buy…