10 Best German Stocks To Buy Now

6. trivago N.V. (NASDAQ:TRVG)

Analysts’ Upside potential as of November 15: 53.61%

The goal of a hotel search company trivago N.V. (NASDAQ:TRVG) is to change how tourists look for and evaluate lodging while allowing hotel advertisers to expand their businesses by providing them access to a large traveler base via the company’s websites and applications. By customizing their hotel search and giving them access to a wealth of hotel data and rates, the platform allows tourists to make well-informed decisions.

trivago N.V. (NASDAQ:TRVG) has three operating segments: the Americas, Developed Europe, and the Rest of the World. The Developed Europe division accounts for the majority of its revenue.

For its shareholders, the company’s business model has been reliable enough to continuously produce positive cash flow, making it a compelling stock.

To improve user experiences and grow its “trivago Book & Go” function, trivago N.V. (NASDAQ:TRVG) has invested in Holisto, an AI-powered travel technology platform. By maximizing hotel rate aggregate, this calculated action seeks to increase conversion rates and draw in budget-conscious tourists.

trivago NV (NASDAQ:TRVG) announced solid brand revenue growth in developed Europe and the rest of the world segment by 9% YoY, sustaining an upward trend. Additionally, the company has increased the number of AI-powered hotel highlights from 120,000 to 250,000 hotels, improving personalization and user experience.

trivago NV (NASDAQ:TRVG) is confident in reaching double-digit growth in the medium term and is well-positioned for growth in Q4 2024. The company also plans for steady expansion in 2025.