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Valued at a market cap of $163.8 billion, Booking Holdings Inc. (BKNG) provides online and traditional travel and restaurant reservations and related services. The Norwalk, Connecticut-based company's travel-related offerings cover hotel rooms, airline tickets, rental cars, vacation packages, cruises, 'things to do' at customer destinations, and travel insurance.
This travel service provider's shares have massively outpaced the broader market over the past 52 weeks. BKNG has rallied 44% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.6%. However, the stock is up 1.6% on a YTD basis, slightly lagging behind SPX’s 1.7% gain during the same time frame.