GAME PLAN>
Expedia.
I am hearing good things about Expedia.
the latest trading session, Expedia (EXPE) closed at $116.18, marking a -0.47% move from the previous day. This change lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.08%, and the Nasdaq, a tech-heavy index, added 7.26%.
Heading into today, shares of the online travel company had gained 33.97% over the past month, outpacing the Retail-Wholesale sector's gain of 10.13% and the S&P 500's gain of 5.73% in that time.
Wall Street will be looking for positivity from Expedia as it approaches its next earnings report date. This is expected to be February 9, 2023. On that day, Expedia is projected to report earnings of $1.85 per share, which would represent year-over-year growth of 74.53%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.68 billion, up 17.72% from the year-ago period.
PLAN-> Wait for a big down day and buy options on EXPE