GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on Priceline.com Inc.

August 02, 2013 | About:
Holly LaFon

priceline.com, Inc. (PCLN) is the leading online travel agency, operating websites across the world, including booking.com, priceline.com and agoda.com.The company's shares rose after reporting good results that highlighted its many opportunities to expand in fast-growing overseas markets, where the offline-to-online shift in hotel bookings continued. In addition, investors became less concerned that competition with other players in the online travel sector would lead to higher marketing costs and reduced profit margins. Finally, the company has had early success growing its booking.com business outside of its existing core European markets.

From the Baron Funds’ second quarter 2013 commentary.


Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide