Is Airbnb (ABNB) stock a good long-term investment?
Asked 4 years ago
I'm looking to add to my already growing investment portfolio, and I'm eyeing out the ABNB stock on the market. With covid and all, it a good idea? I would appreciate some opinions.
David Hay
Wednesday, June 09, 2021
I think with the current economical climate and the travel restrictions, investing in Airbnb is a risk, but a risk that could pay off post covid. ABNB is a giant in the travel industry and their innovative platform has led to substantial growth over the last few years. conceptually, there isn't a great deal of competition out there, so maybe buy now and sit on it for a year or two. Travelling will increase as restrictions are lifted and this is a good investment for long term growth.
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