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Investors hunt for value pockets in expensive market – The Australian Financial Review

Investors are eyeing off the stocks still feeling the headache of the COVID-19 hangover, tipping the economic recovery under way across large parts of the globe…

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One of the newer names in the portfolio is Booking.com, he said.
Their business has been very severely impacted by COVID and we havent seen much of a recovery to date but as we get to the other side of COVID, we think theres a lot of pent-up demand to travel and Bookings business will snap back.
He pointed to Chinas hotel market, which had already experienced a rapid recovery in a short space of time, as evidence of the quick turnaround the travel sector could make once restrictions are eased.
Domestic…

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