Why Priceline is an Ideal Bet Going Down

Priceline Group Inc. is a U.S.-based online travel giant that offers hotel room reservations over 295,000 hotels along with worldwide reservations for car rentals, airline tickets, vacation packages, destination services and cruises through booking.com, priceline.com, agoda.com, Kayak, rentalcars.com and the recently acquired OpenTable brands. Formerly known as Priceline Com Inc, this Norwalk, Connecticut-based company presently has a market cap of $54.22 billion and a PE of 23.40.



via Norwalk Newswire http://www.gurufocus.com/news/308106/why-priceline-is-an-ideal-bet-going-down