Is It Too Late to Buy Airbnb Stock?
Investors were disappointed by Airbnb's (NASDAQ: ABNB) recent earnings update, but they weren't ready to check out of the stock just yet. Good reasons for buying the stock include its strong and improving profitability, positive cash flow, and huge long-term sales potential. Airbnb reported 24% higher sales after accounting for exchange-rate shifts, beating management's forecast.