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Travel stocks take off

July 25, 2013: 12:29 PM ET

Click for live quote on TripAdvisor.

Investors caught a case of the travel bug Thursday after a blowout quarter from TripAdvisor lifted shares of other online travel companies.

Shares of TripAdvisor (TRIP) surged 16% after the company said late Wednesday that earnings and revenue jumped in the second quarter, blowing past analysts' estimates.

Some traders on StockTwits are hoping the trend will continue when Expedia reports quarterly results after the closing bell Thursday.

$EXPE ... I DROPPED THE BALL ON BUYING $TRIP . Now it's my old buddy $EXPE time to take off.

Analysts are expecting Expedia (EXPE) to report a sharp drop in earnings, while revenue should be up 21%, according to consensus estimates from Thomson Reuters.

$EXPE often ignored, passed over in favor of $PCLN, a beat should bring good upside but a miss shouldn't bring much downside. Only up 4% ytd

Priceline (PCLN) shares were also riding TripAdvisor's coattails Thursday, gaining 2% to $910. That puts Priceline ahead of Google (GOOG) in the race to reach $1,000 a share. Google was down 1.5% to $890 a share.

$PCLN ahead of $GOOG. I say $940 before earnings if $EXPE does well.

Priceline is expected to report earnings growth of 19% when it releases quarterly results next month.

But some traders say the rally in TripAdvisor shares is overdone and will peter out later in the day.

@Lukas @trader85003 $TRIP This will fade through the day, I am trying to teach myself patience..

Others say TripAdvisor is setting up for a fall, and they are going short.

$TRIP shorts hovering like vultures, some already chowing down. hod already in.

$PCLN short is on against $900 completes a measure move to $860

  • Priceline hits 52-week high

    If Priceline (PCLN) could name its own stock price, it would probably take this one. Shares of the online travel company hit a 52-week high Monday, jumping 3% after Priceline received an upgrade from Morgan Stanley's analysts.

    Morgan Stanley's analysts think Priceline's shares, currently trading around $880, can hit $1,010 as competition in the space declines. They also expect that Priceline has increased its market share of European travel.

    Should Priceline's shares follow Morgan Stanley's predictions, shares MORE

    - Jul 8, 2013 1:55 PM ET
  • Priceline falling over fiscal cliff? Stock down 5%

    William Shatner's Priceline Negotiator survived a fall off a cliff. Will the stock do the same?

    William Shatner's Priceline Negotiator character famously plunged off a cliff in a TV ad earlier this year. Despite fears of his untimely demise, he miraculously survived. But now it looks like shares of Priceline (PCLN) are falling off the fiscal cliff ... and it's not as clear just yet if they'll bounce back MORE

    - Dec 10, 2012 12:23 PM ET
  • Priceline shares fall: Europe needs the Negotiator

    Another victim of Europe's debt crisis: Priceline.

    The online travel company's booking volume slowed substantially from a year earlier sending Priceline's stock plunging.

    Priceline's (PCLN) gross bookings still grew, but at a much more modest pace. In the second quarter of this year, bookings grew 26.8% -- the slowest growth rate since the second quarter of 2009 and far below last year's 69% surge.

    Investors punished the company's stock, with shares falling 17% MORE

    - Aug 8, 2012 4:15 PM ET
  • Best of StockTwits: $DELL-uged by bad news

    Dell (DELL) is helping lead the market lower. Maybe housing finally has bottomed? And one trader is skeptical of Expedia's (EXPE) ability to buck the bearish trend today.

    mojoris1977: just because David Einhorn and Whitney Tilson like $DELL doesn't mean you should just blindly follow them in. $XRX

    TrendRida: $DELL takes the meaning of value trap to a new level...

    firstadopter: $DELL call: seeing consumers switching IT spend to alternative mobile devices (Can MORE

    - May 23, 2012 1:39 PM ET
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