MakeMyTrip Aktie News

No stock can become a high-flyer overnight. It takes years and steady revenue growth for them to reach the peaks.

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited to report Fiscal 2024 Fourth Quarter and Full Year Financial & Operating Results on May 15, 2024.

The tourism sector was among the worst impacted due to the Covid19 pandemic. However, as global travel and tourism now booms, tourism stocks are hot favorites.

According to Travel + Leisure magazine, the “Demand for premium travel continues at a torrid pace in 2024.” Indeed, most respondents to a poll conducted in seven countries, including America, Mexico and the UK, reported that they are planning huge trips this year.

Looking forward, India's online travel market has the potential to grow significantly in line with the expansion of the country's internet user base and middle-income population. MMYT is a good play to capitalize on the Indian online travel industry's future growth, as it is the country's largest Online Travel Agency or OTA. I assign a Buy investment rating to MakeMyTrip in view of the company'...

Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets.

Blue-chip growth stocks are not made overnight. These stocks represent companies that have built their business over years or decades.

It's no secret that tech stocks are on fire. The major American stock indexes have reached new highs in 2024, with growth and technology companies leading the way.