Top Services Companies To Own In Right Now: priceline.com Incorporated(PCLN)
priceline.com Incorporated, together with its subsidiaries, operates as an online travel company. The company provides price-disclosed hotel reservation services on a worldwide basis primarily under the Booking.com, priceline.com, and Agoda brand names; and price-disclosed rental car reservation services in approximately 80 countries through TravelJigsaw brand name. It also offers its customers the ability to purchase other travel services, including retail airline tickets; rental car days; vacations packages consisting of airfare, hotel, and rental car components; cruise trips; and destination services, including parking, event tickets, ground transfers, and tours through its ?Name Your Own Price? demand-collection system in the United States. In addition, the company offers an optional travel insurance package that provides coverage for trip cancellation, trip interruption, medical expenses, and emergency evacuation, as well as for loss of baggage, property, and travel d ocuments for air, hotel, and vacation package customers; and collision damage waiver insurance for rental car customers in the United States. The company?s other brands include Lowestfare.com, rentalcars.com, Breezenet.com, MyTravelGuide.com, Travelweb, hotelroom.com, and Car Hire 3000. priceline.com Incorporated was founded in 1997 and is headquartered in Norwalk, Connecticut.Advisors' Opinion:
- [By Andrés Cardenal]
Three main growth drivers
Expedia is benefiting from three main growth drivers: Travel demand is growing strongly, and an increasingly bigger part of that demand is happening online and via mobile devices, so the size of the market opportunity is getting bigger for online travel players such as Expedia and its main competitor Priceline (NASDAQ: PCLN ) .
- [By amal.singh70] !
Day-by-day deals site Groupon (GRPN) shot up after Priceline (PCLN) advertised that it is getting online reservation service supplier Opentable. Due to this, Groupon will need to face one less adversary in an industry where rivalry has been warming up recently.
- [By Jayson Derrick]
Priceline Group (NASDAQ: PCLN) plans to offer a private offering of notes worth $1 billion. The company said part of the proceeds will be used for stock repurchases. Shares lost 1.14 percent, closing at $1,270.12.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-services-companies-to-own-in-right-now.html