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StockNews.com
StockNews.com
Business
Subhasree Kar

Does This Buy-Rated Internet Stock Have the Potential to Maintain Momentum?

Shares of Booking Holdings Inc. (BKNG) reached a 52-week high of $2,721.85 on April 18, indicating considerable strength in the stock. On top of that, BKNG has been trading well above its 50-day and 200-day moving averages, further indicating an upward trend. The company has had several recent quarters of beating earnings estimates and is projected to follow this trend in its upcoming report on May 4.

BKNG has an overall rating of B, translating to a Buy in our POWR Ratings system. In order to better understand the factors driving BKNG’s success, let’s look at some of its key metrics.

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