Introduction
This is the second in a series of articles where I will cover popular and/or high profile stocks. The primary objective of this series will be to put a spotlight on the importance of forecasting future growth prior to making an investment decision. The central idea is to determine whether or not a reasonable forecast of future growth warrants consideration for investment relative to how the market is currently valuing a given stock.
Priceline: The Dominant Worldwide Player in the Growing Leisure Travel Industry
The following excerpt from a report by Morningstar senior equity analysts Dan Wasjolek illustrates Priceline’s industry dominance:
