Shares of online travel business Expedia Group (EXPE) have been buzzing after reporting robust second-quarter results, which handily beat analyst expectations. The company benefitted immensely from a rather busy travel season, where lodging bookings were a company record. Moreover, after the recent market correction, EXPE stock is attractively priced with rock-solid fundamentals. Hence, we are bullish on EXPE stock and its long-term prospects. Expedia has bounced back exceedingly well from the pandemic-led headwinds and is now pushing forward on healthy travel demand. It presents an excellent proposition for investors looking at reopening plays to add to their portfolios.
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