Yacktman Fund Comments on Booking Holdings

Guru stock highlight

Sep 17, 2021

Summary

The stock was a top detractor.

Booking Holdings (BKNG, Financial) shares detracted due to reduced travel expectations in Europe as COVID-19 variants delayed travel plans. Over the long term, Booking Holdings is a well-positioned business with significant scale, sound management, and innovative DNA that should help drive earnings growth over time.

From the Yacktman Fund (Trades, Portfolio)'s second-quarter 2021 shareholder letter.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure

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