When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. One great example is Booking Holdings Inc. (NASDAQ:BKNG) which saw its share price drive 234% higher over five years. Better yet, the share price has risen 5.8% in the last week. But this might be partly because the broader market had a good week last week, gaining 4.8%.
After a strong gain in the past week, it’s worth seeing if longer term returns have been driven by improving fundamentals.
Our free stock report includes 2 warning signs investors should be aware of before investing in Booking Holdings. Read for free now.
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company’s share price and its…