1 Cheap Growth Stock That's Too Good to Pass Up

By Travis Hoium – May 14, 2024 at 11:40AM

NASDAQ: ABNB

Airbnb

Market Cap

$92B

Today's Change

(-0.41%) -$0.59

Current Price

$144.93

Price as of May 31, 2024, 4:00 p.m. ET

There's a long runway of growth ahead for Airbnb.

Investors haven't been pleased with Airbnb's (ABNB -0.41%) growth rate decelerating, but the company is facing a natural slowdown as the post-pandemic boom in travel spending ends. In this video, Travis Hoium explains why this isn't a big concern for investors.

*Stock prices used were end-of-day prices of April 11, 2024. The video was published on May 13, 2024.

Travis Hoium has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.