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Five volatile stocks worth the risk

The Priceline Group

Travel booking provider The Priceline Group (PCLN) is a rather volatile stock, with a beta of 1.4, but in this stock’s case the volatility over the last year has been purely to the upside, with the stock enjoying major gains over the last 12 months. Year to date the stock is up 24.4%, but so far the stock is showing no signs of slowing down. The stock’s valuation is a bit of a concern, with a P/E of 41.6, but with earnings forecast to rise 12.3% during the current year, and an additional 16.2% in 2018, the stock remains a good bet. Improvements in the overall economy should keep demand strong for both personal and business travel, and Priceline will benefit, and the stock should move higher. PCLN currently trades at $1,838.47, and analysts have a $1,917.33 average price target on the stock.

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Chart courtesy of www.stockcharts.com

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Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.