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Up 30% in a week, is the Webjet share price a strong buy? – Motley Fool Australia
The Webjet share price is up 30% in August so is now the time to catch the ASX travel share for a bargain?
The Webjet Limited (ASX: WEB) share price jumped 5.6% yesterday and is now up 30% since last Monday. The Webjet share price has still been smashed in 2020 but is now seeing a strong recovery.
The big question for value investors is whether or not now is a good time to buy.
Why the Webjet share price is surging
This is a perplexing question. The Webjet share price is rocketing higher despite tight coronavirus restrictions across the country.
Prime Minister Scott Morrison was even quoted as sa…
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