David Sharek
David Sharek is stock portfolio manager at Shareks Stock Portfolios and the founder of The School of Hard Stocks.
Sharek's Growth Stock Portfolio has delivered its investors an average return of 18% per year since inception vs. the S&P 500's 10% during that time (2003-2020).
David's delivered five years of +40% returns in his 18 year career, including 106% during 2020.
David Sharek's book The School of Hard Stocks can be found on Amazon.com.
Last quarter PCLN’s P/E was 27. Now its 24. So the color goes from black (fair) to green (undervalued).
Profits grew 58% on a 38% increase in revenue (sales grew 35% two quarters ago). Priceline’s growing faster than 50%. Hello! World! Listen! This is really what’s going on!
Since these numbers still look THAT great. PCLN deserves a 42 P/E. The upside jumps from last quarter due to a combination of the 2011 & 2012 est. rising and the stock falling.
Priceline’s really help mold my career. In 2008 & 2009 it finisheed the year as my top holding (and may have other years too but the records aren’t at my fingertips).Even as a bigger company, PCLN has grown profits 42-58% a year during the latest four years. Now the growth is coming from Europe — which still has growht opportunity because people there aren’t used to online travel like Americans are.
