Bull’s Eye Report: TripAdvisor (TRIP)

TripAdvisor (TRIP) merits a buy at current levels

   

At StateoftheMarkets.com, we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

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Company Symbol Industry Stock Rating YTD% Gain S.T.
Stop Loss
TripAdvisor Inc TRIP Internet Retail 9.3 +3.31% $43.18

Why We Like The Stock:

TripAdvisor (NASDAQ:TRIP) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) that has maintained a positive technical set-up through the recent market volatility. The stock has some solid support around $44.25, though we like it better as a short term trade to $48 should the stock manage to float above its 50-day moving average. The stock just crossed above its major short-term moving averages, which is a bullish sign. We like TRIP at current levels, though we wouldn’t give it too much wiggle room and would recommend a tight stop.

We Would Be Buyers:

At the current price (~$44.85), or on a pullback to the 50-day moving average ($44.50).

Company Profile:

TripAdvisor is an online travel research company, enabling users to plan a trip. TripAdvisor features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages and travel guides. TripAdvisor’s travel research platform features reviews and opinions from its community of travelers about destinations, accommodations (hotels, bed and breakfasts, specialty lodging and vacation rentals), restaurants and activities worldwide, through its TripAdvisor brand. TripAdvisor Websites include tripadvisor.com in the United States and versions of the Website in 30 countries, including in China under the brand daodao.com. TripAdvisor Websites also include links to its travel advertisers allowing travelers to directly book their travel arrangements. On December 20, 2011, Expedia, Inc. (Expedia) completed the spin-off of TripAdvisor, Inc. (TripAdvisor) to Expedia stockholders. In October 2012, it acquired Wanderfly.

Stock Rating: 9.3

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

TripAdvisor – Last Three Months

TRIP 1 300x168 Bulls Eye Report: TripAdvisor (TRIP)
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TripAdvisor – Last 12 Months

TRIP 2 300x168 Bulls Eye Report: TripAdvisor (TRIP)
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TripAdvisor – Last Five Years

chart not avail Bulls Eye Report: TripAdvisor (TRIP)

At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.


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