Trip.com Rises on Strong Demand, Big Money

TCOM is a travel company based in Shanghai, China, that offers hotel reservations, flights, tours, corporate travel services, property management systems, and advertising. The company is benefiting from strong travel growth and rising consumer confidence. TCOM is also using AI-driven technologies to help drive its international growth and its overall position in the travel industry.

On the financial side, Trip.com reported a 16% year-over-year increase in net revenue in the third quarter, and a 24% jump from the previous quarter. TCOM’s diluted per-share earnings were $1.42 for the quarter. Also, its cash and cash equivalents of $12.4 billion gives it plenty of growth fuel.

It’s no wonder TCOM shares are up 102% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Booking Bets on Trip.com

Institutional volumes reveal plenty. Recently, TCOM has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in TCOM shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of discretionary names are under accumulation right now. But there’s a powerful fundamental story happening with Trip.com.

Trip.com Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, TCOM has had strong sales and earnings growth:

• 3-year sales growth rate (+41.3%)
• 3-year earnings growth rate (+332.6%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +7.3%.

Now it makes sense why the stock has been powering to new heights. TCOM has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Trip.com has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when TCOM was a top pick…rising higher with time:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Trip.com Price Prediction

The TCOM rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in TCOM at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.