Expedia (EXPE): Time to Buy The Toll-Taker on Global Travel?

Expedia (NASDAQ: EXPE) isn’t building planes, launching cruise ships, or operating resorts. But it’s still getting paid every time someone books a trip.

That’s the beauty of its model — Expedia is effectively a toll booth on global travel, collecting fees from both consumers and businesses as money flows through the $9 trillion travel industry.

Currently, EXPE is scoring a B or Buy in our Zen Ratings system, where B-rated stocks have historically generated average returns of 19.88% a year.

It may also be one of the most misunderstood and underappreciated plays in the market today.

Here’s why:

The Backbone of Travel Booking

While investors chase buzzy AI names and hot consumer brands, Expedia is quietly cementing itself as the backbone of travel booking — not just for consumers, but increasingly for enterprise partners.

Through its Expedia Partner Solutions (EPS) arm, the company powers booking engines for credit card rewards programs, international travel agencies, and even…