| Stock (Symbol) | Stock Price | |
Priceline.com (PCLN) |
$814 |
|
| Data is as of | Expected to Report | Sector |
May 20, 2013 |
Aug 5 – Aug 12 |
Retail & Travel |
| Sharek’s Take | ||
 The affect of Priceline.com (PCLN) on our portfolios has been priceless. Originally purchased at $29 in 2006 (I sold at $83 then bought back at $105), PCLN is now $814 a share. Still, even with those gains the stock is still undervalued by 30%. The only negative is PCLN isn’t the 40% to 60% grower like it was most of the decade, but its still gowing around 30% per year. This is a top holding in all my portfolios. |
||
| One-Year Chart | ||
 PCLN recently broke out into new All-Time high territory. But even after the move, the stock still sits at only 21 times earnings. In fact, the median P/E was 20 in 2012 and 2011. This stock deserves more respect, I think the P/E should be 27. |
||
| Earnings Table | ||
 Revenue plowed ahead 26% last quarter. International bookings — where the growth is — rose 43%. U.S. bookings increased 9%. Profit surged 35%.
Priceline crushed earnings estimates by 48 cents, this sent the stock into a breakout and good rise after (which the stock has held). |
||
| Fair Value | ||
 PCLN shouldn’t have a 21 P/E, its should be 27. This stock is undervalued by 30%. |
||
| Ten-Year Chart | ||
 What an amazing chart. Note profits have grown 57% per year and the stock’s increased 42% per year. Those two numbers should be more even, PCLN stock has some catching up to do. |
||
| Power Ranking | Bottom Line | |
Growth Portfolio
2 of 17 |
Priceline continues to kill it. The stock is at all-time highs, but still has room to run. I feel it will someday make a move from 20-21 times earnings to 27 times. PCLN had a 27 P/E in April 2011. If that happens again soon, the stock will be over $1000. |
|
Aggressive Growth Portfolio
2 of 10 |
||
