With the recent rise in the Nasdaq and the shift into tech stocks on a potential Fed hike coming is Booking Holdings Inc worth considering on a short-term basis? Especially as hunger for travel is expected if/when travel restrictions finally lift.
Over the last 15 years, Booking Holdings Inc has risen a total of 11 times in 15 years between June 28 and August 10 with an average return of +9.18%. The largest gain was in 2010 with a huge 56.45% gain. The largest loss was in 2012 with a significant -12.48% loss.
Major Trade Risks
Any further hawkish policy from the Federal Reserve is liable to cause stocks to weaken in the near term could potentially hinder growth.
Also, any sense of the Delta variant slowing lockdowns will be important going forward.
Booking Holdings Inc. is an American travel technology company organized in Delaware and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines.
High Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.