Updates for my portfolio for May 2019
Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I am still working on something on the side, hope to get something out by end of next month. Let’s see how it goes.
Buy Booking Holdings for 1670 Reasons This is one of the biggest online travel agency out there with a rather wholesome network. Quite scalable due to its agency model as well. 2018 EPS of $83.26, which is about 21 P/E which is near the 5 year low PE of 20. I was targeting 1666 thereabouts based on support zone but I figured 1670 would be more conservative. True enough, the lowest point I saw was 1663 for the first half. Don’t want to see a repeat of certain counters such as GAPack. There seems to be a sorta divergence but let’s