Browse by ▼

Ctrip.com International

  • Is it Time to Invest in Chinese Travel Stocks?

    By Leo Sun - May 18, 2013 | Tickers: CTRP, LONG, HMIN

    Back in 2007, Chinese travel stocks were expected to be the next great growth industry. At the time, investors had many reasons to be optimistic. The 2008 Olympics were supposed to open the floodgates to tourists, and the 2010 Shanghai World Expo and Guangzhou Asian Games would generate huge amounts of revenue for Chinese travel and lodging companies. Unfortunately, that grand long-term view didn’t account for the devastating 2008-2009 more »

  • Did Monday’s Market Moving Downgrades Create a Buying Opportunity

    By Brian Nichols - May 15, 2013 | Tickers: ANR, AZO, CTRP

    On Monday we saw several stock-moving downgrades from high-profile firms. While many of these downgrades are warranted, some are following the leader of prior downgrades, and may create upside for the investor. Thus I am looking at the top downgrades to determine if any present value.

    AutoZone (NYSE: AZO)

    In my book Taking Charge With Value Investing (McGraw-Hill, 2013) I present a value-finding formula that I call (10-10-10) which has more »

  • Billionaire Glenn Dubin’s Small Cap Picks

    By Meena Krishnamsetty - April 12, 2013 | Tickers: CTRP, SATS, PMT, SEIC, URI

    The most popular small cap stocks (defined as those with market capitalization between $1 billion and $5 billion) among hedge funds outperform the S&P 500 by 18 percentage points per year on average. We think that this is because small cap stocks receive less attention from the financial media and institutional investors such as mutual funds.

    Hedge funds are, therefore, more likely to uncover an undervalued or overvalued stock more »

  • Will Ctrip’s Stock Ever Fly Again?

    By Mark Holder - March 27, 2013 | Tickers: BIDU, CTRP, PCLN

    After trading as high as $50 in early 2011, Ctrip.com International (NASDAQ: CTRP) continues to languish in the low $20s. Even with a growing revenue base, the company faces margin pressures from online entrants to the travel market in China and a general lack of interest in Chinese stocks.

    Ctrip is a leading travel service provider of hotel accommodations, airline tickets, packaged tours, and corporate travel management in China more »

  • Billionaire Dubin's Newest Stock Picks

    By Meena Krishnamsetty - March 18, 2013 | Tickers: BRCM, CTRP, ETN, PBR, RIG

    Glenn Dubin co-founded Highbridge Capital Management with childhood friend Henry Swieca over twenty years ago, although Swieca has since left the firm. JP Morgan acquired Highbridge last decade but has kept Dubin on as CEO in a successful example of a financial institution buying a fund. We take a high interest in the firm’s holdings, as we have found that the most popular small-caps amongst hedge funds can lead more »

  • Long/Short Equity Hedge Fund’s ‘Fab Five’ for 2013

    By Meena Krishnamsetty - February 25, 2013 | Tickers: CTRP, EQIX, GOOG, LMCA, DIS

    In collaboration with MarketWatch, we at Insider Monkey have created the Billionaire Hedge Fund Index, which tracks the consensus stock picks of the world’s foremost hedge fund managers. In 2012 alone, our index returned 24.3%, outpacing the S&P 500 by 8%. More impressively, our small-cap strategy has historically beaten the market by 18% a year, proving that there are plenty of ways to generate outperformance if you more »

  • Hedge Fund Emerging Sovereign Group’s Newest Stocks for 2013

    By Meena Krishnamsetty - February 7, 2013 | Tickers: CTRP, MJN, MPEL, MDLZ, VRSN

    The beginning of February brought with it the latest 13F filing from J Kevin Kenny Jr., head of hedge fund Emerging Sovereign Group. Kevin Kenny started the fund over ten years ago, seeded by Julian Robertson of Tiger Management fame. He previously earned an MBA from Wharton and spent six years at investment bank Morgan Stanley. Two years ago, Carlyle Group engaged in a 55% purchase of the fund, which more »

  • The Steep Price of Ctrip.com's Pricing War

    By Leo Sun - January 30, 2013 | Tickers: CTRP, LONG, EXPE, PCLN

    Five years ago, Chinese online travel agency Ctrip.com (NASDAQ: CTRP) was a rising star, a momentum stock that was blessed by a growing Chinese economy and the 2008 Beijing Olympics. American analysts continually recommended Ctrip, along with Internet search leader Baidu, as the premier ‘stocks to own’ as China became the second largest economy in the world.

    Since that blissful heyday, the stock has dropped 20%, and short interest more »

  • Cliff Asness Has Been Buying up This Internet Stock

    By Meena Krishnamsetty - January 8, 2013 | Tickers: CTRP, EXPE, KYAK, TRIP

    A 13G filed with the SEC has disclosed that AQR Capital Management, a hedge fund managed by Cliff Asness, owns about 590,000 shares of Kayak (NASDAQ: KYAK). This gives it nearly 13% of the total shares outstanding. Our analysis of AQR’s 13F filing for the third quarter of 2012 shows that it did not own any shares at the end of September (see Cliff Asness's stock picks more »

  • Billionaire Stephen Mandel is Bullish about This Stock

    By Meena Krishnamsetty - December 26, 2012 | Tickers: CTRP, EXPE, PCLN, TRIP, YELP

    Tiger Cubs, those hedge fund managers who learned the tricks of the trade from Julian Robertson at Tiger Management, are really excited about travel websites. When we look at our database of 13F filings from the end of the third quarter, the top five owners of market leader Priceline's (NASDAQ: PCLN) stock are all Tiger Cub funds. The largest position, at 1.4 million shares, or nearly $900 million more »

  • Stocks That Traded Higher with Upgrades - and May Continue

    By Brian Nichols - December 18, 2012 | Tickers: CTRP, GASS, UNIS, YOKU

    It seems that over the last few weeks analysts have become more vocal with their opinions. These are people and firms who are providing their opinions regarding the outlook for both companies and the economy over the next year and beyond. However, these opinions often have meaning and have the ability to move individual stocks. With that being said, I am looking at several of the big calls on Tuesday more »

  • Is Priceline Ready for Takeoff?

    By Leo Sun - December 18, 2012 | Tickers: CTRP, EXPE, GOOG, OWW, PCLN

    Shares of online travel giant Priceline.com (NASDAQ: PCLN) have taken investors on a wild roller coaster ride over the past twelve months, bouncing between a low of $448.13 and a high of $774.96. The stock surged 20% between October 25 and December 3 after numerous analysts turned bullish on the online travel booking service, best known for its advertisements featuring “The Negotiator” William Shatner.

    After the stock more »

  • Priceline is Becoming a Tiger Hotel

    By Meena Krishnamsetty - November 24, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    The four largest positions in Priceline.com (NASDAQ: PCLN) in our database of 13F filings for the third quarter of 2012 all belonged to “Tiger Cub” hedge funds. These funds are so called because one or more of their managers had previously worked at Julian Robertson’s Tiger Management. Robertson is not only a legendary investor and a billionaire, but is specially noted for being able to instill the tools more »

  • Undervalued Picks From Top Managers

    By Federico Zaldua - November 21, 2012 | Tickers: CTRP, EQIX, ORCL

    As explained in my blog Warren Trades, it is essential to keep tracking hedge fund positions every quarter. Why? Top hedge funds have more resources than individual investors to analyze fundamentals. These institutions have a team of analysts that spend the whole day calling companies, doing surveys, and reading every fundamental analysis they can find on each company. In other words, hedge funds in general have way more resources and more »

  • Is Priceline A Buy After Earnings?

    By Meena Krishnamsetty - November 6, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    Priceline.com (NASDAQ: PCLN) soared nearly 9% on Friday as the travel bookings website reported a very strong third quarter that beat analyst expectations. Bookings were 25% higher than in the third quarter of 2011 even after a negative currency impact, and revenue was up 17%. Net income was 27% higher. Priceline had been seeing strong growth prior to this quarterly report; for example, both revenue and earnings had been more »

  • Is Expedia a Buy After Earnings?

    By Meena Krishnamsetty - October 29, 2012 | Tickers: CTRP, EXPE, KYAK, PCLN, TRIP

    Expedia (NASDAQ: EXPE) popped 15% on Oct. 26 after smoking analyst expectations for revenue and for earnings per share in the third quarter of the year. While earnings were down 18% from the third quarter of 2011, this was entirely due to Expedia’s spin-out of Tripadvisor (NASDAQ: TRIP) late last year, as income from continuing operations was about flat. This did reflect lower margins, as revenue was up 17 more »

  • So Long, YONG! 3 Lessons from Investing in Chinese Small-Caps

    By Simon Erickson - October 23, 2012 | Tickers: BIDU, CTRP, YONG | Editor's Choice

    It was a bittersweet day last Monday for investors in Yongye International (NASDAQ: YONG).

    Back in June of this year, I suggested that Yongye take advantage of their undervalued stock price and buy back shares.

    Looks like they did one better than that.  On October 15th, Yongye received an offer from its CEO and Board to buy all outstanding shares and take the company private for $6.60 a share more »

  • Profiting with the Online Ticket Agencies

    By Piyush Arora - September 9, 2012 | Tickers: CTRP, EXPE, PCLN

    When people around the globe have disposable income, they spend it on recreation. People tend to travel, and that is how Online Ticket Agencies make money. Problems in Europe have forced investors to abandon positions in these companies due potential loss of revenue from European operations, which many believe was overhyped.

    Priceline (NASDAQ: PCLN) is one of the leading OTA companies that provides users the opportunity of obtaining discounted rates more »

  • Is Priceline Cheap?

    By Chad Henage - August 30, 2012 | Tickers: CTRP, EXPE, PCLN

    I think that investors make a common investing mistake of assuming that a high priced stock is overvalued just because the price is high. However, it's possible for a company with a stock price of $10 to be much more expensive than a company priced at $100. What really matters isn't the price per share, but the earnings and cash flow growth the company exhibits. I think this is a good example of the problem investors ran into with Priceline (NASDAQ: PCLN) recently. With the stock at $750 a share, novice investors might assume it's overvalued. However, even at that price the stock traded at about 25 times forward estimates. By contrast, a company like Amazon.com sells for about $240 a share, and yet trades for a multiple more than ten times higher! As you can see, the price per share doesn't begin to tell the whole story. With Priceline shares down about 20% from their high, let's look at what happened in the earnings report, and see if this high-priced stock might be cheap after all.

  • The Online Travel Market- Two Buys and One Sell

    By Ashish Sharma - August 27, 2012 | Tickers: CTRP, LONG, EXPE, OWW, PCLN

    We at TheAnalystHub.com have been working on the online travel market for quite some time  and have been watching closely the stock movements for many online travel stocks. As the Online travel market is slowly stabilizing, we feel that the agencies with maximum TAM will perform well while the companies which remain low on expansion will perform weakly on the stock markets. Here is our brief analysis of three more »

  • Page 1 of 2