Investors appeared to sour on Airbnb (ABNB 0.75%) in 2022 and 2023 as pandemic-era travel demand started to cool off and there were some threats to the business, such as major cities cracking down on short-term rentals. However, the recent numbers look very impressive, and the stock is starting to look like an excellent value.

*Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 23, 2024.