Selling Travelzoo
I have to sell Travelzoo (TZOO) from the Growth Portfolio today. TZOO keeps lowering profit estimates because Local Deals are weak.
I have to sell Travelzoo (TZOO) from the Growth Portfolio today. TZOO keeps lowering profit estimates because Local Deals are weak.
Travelzoo (TZOO) is putting money to work in Europe to expand its offerings there. This is a good investment, as European revenu grew 65% last quarter. But with profit estimates declining, this stock is dead-money now.
Investors have been overreacting to Travelzoo’s (TZOO) results. This stock has been on a roller-coaster this year. Here’s my take: The company is expanding in Europe and that needs time to develop.
Travelzoo’s (TZOO) on a tear. With earnings estimates jumping big-time, there’s no telling how high this stock can go.
Today I will purchase Travelzoo (TZOO) for the Growth Portfolio and Aggressive Growth Portfolio, replacing Camelot Information Systems (CIS) in both portfolios. TZOO is going to have a banner year with its restaurant deals.