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0.00213933091500912 0.00644035808631817 0.00945107710623458 0.00578660195627925 -0.00792507266585408 -0.0221614726028871 -0.0227421112710137 -0.0151723034495098
Stock impact report

AI creates buying opportunities in these stocks, Jefferies [Yahoo! Finance]

Expedia Group, Inc. (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Company Research Source: Yahoo! Finance
Analyst John Colantuoni argues that “recent developments suggest Internet is evolving into an AI beneficiary, turning the recent sell-off into a buying opportunity.” Internet stocks have fallen about 30% this year and now trade at a “record 30% discount to the S&P500,” Jefferies said, noting that multiples are also “70% below their '22 peaks.” The firm cites several shifts, such as OpenAI moving away from consumer-facing products and scaling back direct checkout ambitions, and Google committing to remain a referral source, as evidence that large Internet platforms will ultimately benefit rather than be displaced. Against that backdrop, Jefferies has upgraded Expedia Group to Buy, highlighting what it calls an “underappreciated EPS algorithm.” The firm expects more than three years of 20%-plus earnings growth, supported by “HSD%+ Lodging Bookings growth,” margin expansion and share repurchases. Despite this, Jefferies notes Expedia's forward P/E remains “~40% below Internet.” Show less Read more
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