Airbnb IPO - Should You Buy Airbnb Stock? Is Airbnb a Top Stock to Buy for a Growth Stock Portfolio?
Today, I cover Airbnb stock, which has an IPO launch coming soon. Airbnb IPO. Should You Buy Airbnb Stock? Is Airbnb a top growth stock to buy now? When is the @Airbnb IPO date?
"It appears that one of the world’s most valuable startups – Airbnb – may finally make its long awaited debut on Wall Street. The travel technology company confidentially submitted a draft IPO registration to the SEC in August, according to Bloomberg. This move naturally prompts the obvious question: Should you invest in Airbnb stock if/when the IPO does happen? My answer is simple. Yes. That may seem counter-intuitive. After all, the Covid-19 pandemic has killed the global travel industry, and caused Airbnb’s revenues to collapse in 2020. But: Airbnb’s valuation has collapsed, too. The company successfully innovated amid the pandemic to sustain a healthy revenue base. Travel demand will rebound in 2021-2022. Robust consumer thirst for experiences – both virtual and physical – implies that Airbnb will return to big growth post-2020 and sustain that big growth for the next five to 10 years. So, for all those reasons, I say yes, you should invest in Airbnb stock following the IPO. Here’s a deeper look."
Disclaimer: I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. FIRED Up Wealth and Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results. #stocks #IPO #airbnb #airbnbipo