Real bargain stock #3: Priceline.com (PCLN) - Jim Woods

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Real bargain stock #3: Priceline.com (PCLN)
Oct 03, 2009 05:00 PM UTC

Jim Woods

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Symbol	Sentiment	Start	Return	Closed
PCLN		10/03/09	+29.15%	--

Via BloggingStocks:

Filed under: Stocks to Buy

Leading online travel site Priceline.com (NASDAQ: PCLN) is perhaps best known for its pitchman, pop culture icon William Shatner. But to in-the-know investors, this stock is more known for booking big profits.

Now you might think that with the country in a recession, online travel stocks wouldn't be doing very well. But actually, the opposite is true.

According to a recent article in Investor's Business Daily, many corporate travel managers have been forced to cut the cost of basic travel expenses due to the recession. "Firms are telling execs to move their seats from the front to the back of the plane -- and to find budget-class hotel rooms." Bingo!

Continue reading Real bargain stock #3: Priceline.com (PCLN)

Real bargain stock #3: Priceline.com (PCLN) originally appeared on BloggingStocks on Sat, 03 Oct 2009 12:00:00 EST. Please see our terms for use of feeds.

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