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Trip.com Group Limited (TCOM): A Bull Case Theory

We came across a bullish thesis on Trip.com Group Limited (TCOM) on Substack by Acid Investments. In this article, we will summarize the bulls’ thesis on TCOM. Trip.com Group Limited (TCOM)'s share was trading at $57.20 as of Feb 27th. TCOM’s trailing and forward P/E were 16.73 and 16.58 respectively according to Yahoo Finance.

[caption id="attachment_523524" align="aligncenter" width="750"] Copyright: sidelnikov / 123RF Stock Photo[/caption]

Trip.com (TCOM) is a premier online travel agency (OTA) that has seen a sharp sell-off despite posting strong earnings. The stock...