|Last Price$65.57||Day Change (%)-0.08%|
|Open Price$65.75||Day Change ($)-0.05|
|Day Range65.56–67.46||52-Week Range40.74–69.74|
As of Fri 4/24/2015 5:00:00 PM | USD
Priceline's announced acquisition of OpenTable could bring valuable synergies, but we think Priceline overpaid.
A strong presence in international and mobile markets positions the firm well for long-term growth.
Focused on sustainable competitive advantages and sensitive to valuation, Morningstar StockInvestor's Matt Coffina sees potential in a handful of Internet stocks today.
A recent rally has given some offerings a boost--but it might not last.
But enthusiasm high for other emerging markets, too.
Investments in mobile platforms and diversified marketing channels point to long-term competitiveness.