This week’s Momentum Trader Alert recommendation is an online travel giant that has been trouncing the S&P 500 by almost 4 to 1 so far this year.
Expedia, Inc. (EXPE) is one of the world’s leading online travel services companies. Expedia’s main businesses and brands include: Expedia.com, Hotels.com, Hotwire, Expedia Corporate Travel, TripAdvisor and Classic Custom Vacations. Expedia has sites based in Canada, the United Kingdom, Germany, France, Italy, the Netherlands and China through its investment in eLong.
Expedia, Inc. (EXPE) versus the S&P 500 year to date.
Momentum Trader Alert Analysis
Recommendation
Buy Expedia, Inc. (EXPE) at market today and place your stop at $142.00.
With the stock market due for a pullback, I am holding off on recommending options on this stock for now.
Portfolio Update
Raise your stop in Ferrari NV (RACE) to $103.65 to lock in at least a 15% gain.
You stopped out of Weight Watchers International (WTW) at $36.25 for a 10.05% gain.
You stopped out of Mastercard Inc. (MA) at $127 for a 10.25% gain.
You stopped out of Constellation Brands (STZ) at $196.50 for a 10.02% gain.
Sincerely,
Nicholas A. Vardy
