How To Trade PCLN
Priceline [PCLN] reports after the cash market close today.
A redditor asks if buying calls is a good idea…
Thoughts on this? Planning to place a call on this but risking a lot of money. Thinking it should be positive but feeling nervous.
Here are my thoughts.
I wrote about PCLN once before here… To be sure, PCLN has consistently exceeded expectations again and again.
Here’s more data.
How To Trade PCLN – Profile (via Yahoo Finance):
The Priceline Group Inc. provides online travel and restaurant reservation, and related services. The company operates Booking.com, which offers online accommodation reservations services; and priceline.com that provides hotel, rental car, airline ticket, and vacation package reservation services. It also operates KAYAK, an online price comparison service that allows consumers to search and compare travel itineraries and prices, including airline ticket, accommodation reservation, and rental car reservation information from various travel Websites at once; and agoda.com, an online accommodation reservation service primarily for consumers in the Asia-Pacific region. In addition, the company offers Rentalcars.com that offers car rental reservation services; and OpenTable, which provides online restaurant reservation services to consumers and reservation management services to restaurants. Further, it provides global distribution system reservation booking and travel insurance services. The company was formerly known as priceline.com Incorporated and changed its name to The Priceline Group Inc. in April 2014. The Priceline Group Inc. was founded in 1997 and is headquartered in Norwalk, Connecticut.
How To Trade PCLN – Metrics
The question is whether in it’s stretched state it can do it yet again.