Is ABNB a good stock to buy? We came across a bullish thesis on Airbnb, Inc. on Phaetrix Investing’s Substack by Phaetrix. In this article, we will summarize the bulls’ thesis on ABNB. Airbnb, Inc.’s share was trading at $143.59 as of April 20th. ABNB’s trailing and forward P/E were 35.12 and 27.40 respectively according to Yahoo Finance.
Photo by Andrea Davis on Unsplash
Airbnb, Inc., together with its subsidiaries, operates a platform for stays, experiences, and services...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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