5 Best Consumer Discretionary Stocks to Buy Now

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In this article, we will be taking a look at the 5 Best Consumer Discretionary Stocks to Buy Now. To read our analysis of the Consumer Discretionary industry, you can go to the 10 Best Consumer Discretionary Stocks to Buy Now.

5. Booking Holdings Inc. (NASDAQ:BKNG)

Number of Hedge Fund Holders: 93

Based in Norwalk, Connecticut, Booking Holdings Inc. (NASDAQ:BKNG), is a leading provider of online travel and related services with a presence in more than 220 countries and territories across the world. The company provides its services primarily through six online platforms: Booking.com, Priceline, Agoda, Rentalcars.com, KAYAK and OpenTable. It boasts more than 28 million listings of hotels, homes, apartments, and other unique places to stay across its platforms.

Booking Holdings Inc. (NASDAQ:BKNG) recorded Gross travel bookings of $76.6 billion in 2021, 116% more than the prior year. Its total revenues increased by 99% y-o-y to $4.3 billion, while it recorded a net income of $857 million, for three months ended June 30, 2022. The EPS was recorded at $21.07, beating the consensus by $5.23.

As of Q2 2022, 93 of the 895 hedge funds tracked by Insider Monkey have positions in Booking Holdings Inc. (NASDAQ:BKNG), worth $5.5 billion. Its largest shareholder is Ken Griffin’s Citadel Investment Group with ownership of 761,500 shares valued at $1.3 billion.

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