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We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member. Inc (PCLN): This Stock Is Heading To $1,000 a Share and Higher

Hedge Fund Billionaires Are Hoarding These 5 Inc (NASDAQ:PCLN) is trading in the low $900 range, and I believe that not only will the stock reach $1,000 a share, but also continue to appreciate from there.

One of highest quality companies in the Internet space Inc (NASDAQ:PCLN) is a low cost operator with a focus on large industry profit pools and a management team with an acquisition strategy focus. That being said, it would not be unreasonable for the company to continue growing EPS in the low 20s over the next few years, and the current 17x 2014 EPS valuation does not reflect the growth potential that is still to be realized. strength in Europe

This acquisition (in 2012) has given the company exposure to the largest European traveler base and an inventory of the largest amount of hotels worldwide with 320,000. A Morgan Stanley survey showed that 47% of European online travel agency bookings were done via, followed by Expedia Inc (NASDAQ:EXPE) with a 21% share.

The survey also found that the predominant response on why hotel owners utilize more than other online travel agencies is the ease of use and access to the much larger customer base. also offers users the convenience of paying for the stay upon arrival as opposed to competitors that charge at the time of booking and a price guarantee should the user find a lower rate for the same property at a later date.

Also revealed in the survey is the fact that 52% of hotels questioned expect bookings to “significantly/ somewhat” increase over the next six months compared to the same period a year ago. This is obviously a huge positive for the market leader in hotel bookings.

Ramping up advertising campaigns launched its first ever U.S. brand market campaign (entitled “Booking.yeah”) to increase market share in the domestic market. Until then, relied solely on online advertising, particularly search engine marketing, to build awareness of its product among U.S. travelers.

At the same time, Inc (NASDAQ:PCLN) launched an offline marketing campaign revolving around its “Express Deals” as opposed to its “Name Your Own Price.” This campaign is a positive step and as a result, should see some acceleration in U.S. bookings during the second half of 2013 and improve its margin profile.

Can’t afford shares? Inc (NASDAQ:PCLN)’s competitor Expedia Inc (NASDAQ:EXPE) is a cheaper alternative for investors that want exposure to the online travel agency segment. Even though Inc (NASDAQ:PCLN) is substantially larger, shares are up roughly the same 45% that Inc (NASDAQ:PCLN) shares have grown year to date.

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