TRIP.COM GROUP LTD-ADR (NASDAQ:TCOM) – A Strong Growth Stock with Technical Breakout Potential

TRIP.COM GROUP LTD-ADR (NASDAQ:TCOM) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a promising chart pattern, making it worth a closer look for investors seeking growth opportunities.

Fundamental Strengths

• Growth: TCOM has demonstrated strong earnings growth, with EPS increasing by 24.63% over the past year. Revenue growth has also been healthy at 19.73%, and future projections suggest continued expansion.
• Profitability: The company’s profit margin of 32.03% ranks among the best in its industry, outperforming 100% of peers. Operating margins are also robust at 26.60%.
• Valuation: With a P/E ratio of 15.87, TCOM trades at a discount compared to both its industry and the broader S&P 500.
• Financial Health: While there are minor concerns, TCOM maintains a solid balance sheet with manageable debt levels and good liquidity metrics.

Technical Setup

• Consolidation & Breakout Potential: TCOM has been trading in a range between $58.64 and $67.44 recently, showing signs of consolidation. A breakout above resistance at $65.18 could signal further upside.
• Support Levels: Key support zones exist near $60.80-$62.77, providing a potential safety net for downside risk.
• Long-Term Trend: Despite short-term fluctuations, the stock remains in a positive long-term trend.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks with similar characteristics and is updated daily.

For a deeper dive, review the full fundamental analysis of TCOM and the technical analysis report.

Disclaimer

This is not investing advice. The observations are based on data available at the time of writing, and market conditions can change. Always conduct your own research before making investment decisions.