Q: Hello,
Both these stocks are falling quite considerably. I do believe they are both great businesses. At what price would you consider them “on sale” based on there historical metrics ?
Both these stocks are falling quite considerably. I do believe they are both great businesses. At what price would you consider them “on sale” based on there historical metrics ?
5i Research Answer:
Both are solid businesses that we feel are worth holding for the long term. Given the business quality, these two companies are also rarely “on-sale”. We think CSU is certainly worth revisiting after the recent drop of around 12%. Historically, CSU is a low-volatility name, and the recent decline was not based on any news that is related to its fundamentals. On the other hand, BKNG is fairly attractive, but not a screaming buy yet.