Airbnb (ABNB) Stock: Cheap Enough To Buy Now?
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- Publish Date:
- November 2, 2022
- Category:
- AirBnB Investing
- Video License
- Standard License
- Imported From:
- Youtube
Today we take a look at Airbnb (ABNB) stock after its Q3 results. Overall, the Q3 was amazing, profits, cash flows and everything were terrific. The company even bought back $1B worth of stock - as the balance sheet and operating profits are so strong. However, the stock is still valued ~ $70B ... which means the travel industry will need to maintain its pricing and growth rates into the near future for that valuation to make sense.
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