Here's Why Airbnb Is Still One of My Top Stocks to Buy

By Parkev Tatevosian, CFA – Aug 9, 2023 at 7:04PM

NASDAQ: ABNB

Airbnb

Market Cap

$105B

Today's Change

(-1.38%) -$2.26

Current Price

$161.97

Price as of April 29, 2024, 11:58 a.m. ET

Airbnb is benefiting from increasing supply and demand on its platform.

Fool.com contributor Parkev Tatevosian elaborates on why he likes Airbnb (ABNB -1.38%) stock and ranks it as one of his top stocks to buy now.

*Stock prices used were the afternoon prices of Aug. 7, 2023. The video was published on Aug. 9, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.