What Value Investing with Sven Carlin, Ph.D. said in this video:
- BKNGbullishlong-termThe host sees Booking's underlying business as strong: P/E of 18 with double-digit growth, 8.3% free cash flow yield, record buybacks, implying a 13% return even in a conservative scenario — 'crazy cheap'.Source
- Otherneutrallong-termCiting AI model assessments he endorses, the host views AI disruption of platform businesses like Booking as real but not total destruction — primarily a margin problem.Source
- BKNGbearishlong-termDespite the cheap valuation, the host sees Booking's technology as ripe for disruption by newer tech, making the risk-reward unattractive; he is personally not taking the risk.Source