Long-Term Stock Portfolio: 15 Best Stocks for 15 Years

10. Booking Holdings Inc. (NASDAQ:BKNG)

10-Year Revenue Growth: ~10.8%

Number of Hedge Fund Holders: 99

Booking Holdings Inc. (NASDAQ:BKNG) offers online and traditional travel and restaurant reservations and related services. The company’s investments in AI and its Connected Trip strategy can fuel future growth by enhancing the customer experience and improving operational efficiency. AI technologies can be used to offer more personalized recommendations, enhance search algorithms, and provide dynamic pricing strategies that improve revenue. Booking Holdings Inc. (NASDAQ:BKNG)’s Connected Trip strategy focuses on providing seamless end-to-end travel experience, enhancing the customer loyalty and driving increased booking frequency.

Through integrating several travel services, Booking Holdings Inc. (NASDAQ:BKNG) can capture a significant share of the traveller’s overall spend and reduce the probability of customers utilising several platforms for various aspects of the trip. Furthermore, AI-driven efficiencies in customer service and backend operations can help in reducing costs and improving margins. As Booking Holdings Inc. (NASDAQ:BKNG) refines its AI capabilities and enhances its Connected Trip offerings, it can establish a significant competitive advantage.

Cooper Investors, an investment management firm, released its Q4 2024 investor letter. Here is what the fund said:

“The largest contributors to returns were Booking Holdings Inc. (NASDAQ:BKNG) and Liberty Formula One (FWONK). BKNG is the leading global travel platform (larger than Airbnb and Expedia combined on an annual room nights booked basis). Operating trends continue to be strong driven by tailwinds from global travel demand and new CFO Ewout Steenbergen finding cost efficiencies following a period of investment. This resulted in third quarter revenue growth of 9% driving Earnings Per Share growth of 16%, a run rate we believe is now sustainable for the business. BKNG has been a highly successful investment, delivering returns of 130% since our first investment in December 2022. But going forward we see less value latency and have consequently begun to redeploy capital into more compelling opportunities.”