Here's Why Credit Suisse Sees Sharp Upside In This Travel Platform

Shivani Kumaresan

September 30, 2022

Credit Suisse analyst Stephen Ju initiated coverage on Global Business Travel Group Inc (NYSE:GBTG) with an Outperform rating and announced a price target of $9.
There is a secular trend among Small and Medium Enterprises (SMEs) to shift travel expenses from unmanaged channels into Travel Management Companies (TMCs).
TMCs, the analyst says, have the realized benefits of cost savings, better access to inventory/content, fulfillment of safety/well-being requirements, and greater compliance/control over spending.
The acquisition of Egencia and Ovation has positioned the company as the market leader within the SME opportunity, notes Stephen Ju.
Risks for the company, the analyst cited, may include competition with other travel management companies, slower-than-expected SME migration to managed business travel, macroeconomic uncertainty, ongoing effects from COVID-19, and greater secular use of videoconference technologies as a substitute product.
Price Action: GBTG shares are trading higher by 5.03% at $5.85 on the last check Friday.

Recommended

"America's No. 1 Retirement Stock" (Name Inside) - Ad

REVEALED: Elon Musk's Secret AI Facility? - Ad

Ukraine's "Secret Weapon" Against Russia - Ad

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

How Much Will Taylor Swift's Net Worth Grow With 'The Tortured Poets Department'?

How much will Taylor Swift's 'The Tortured Poets Department' boost her net worth? Get expert insights here

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..."

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Jim Cramer Explains What Could Trigger Further Market Decline: 'If You Want To Get Out, Go Ahead ...'

CNBC host Jim Cramer has outlined potential factors that could lead to further market decline, advising investors to be cautious about their buying and selling decisions.

These 3 Consumer Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks.

The No. 1 Crypto for 2024

The No. 1 Crypto for 2024 - Ad

We're entering the final crypto bull run, and 2024 will be your last chance to ever get rich from crypto. These five tiny cryptos are believed to create generational wealth over the next 12 months. $30 trillion is poised to funnel into the crypto markets thanks to a new government regulation just signed.

Why Real Brokerage Shares Are Gaining Today

Shares of The Real Brokerage surge as Qamar Group, led by CEO Rafay Qamar and COO Jana Pierce, joins, boosting market optimism.

Olympic track uniforms spark online debate about who designed them and why they're so skimpy

PARIS (AP) — U.S. track and field athletes have around four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and others who argue they don't need the internet to make sure they have good uniforms.

AI Destroying China

AI Destroying China - Ad

China is in deep trouble. Their economy is crumbling. Money is pouring out of the country. And now this... A small handful of artificial intelligence stocks have the power to put the nail in China's coffin. Find out the three AI stocks you need to consider buying right now.

A strong quarter for Wall Street lifts Goldman's first-quarter results

NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year.

Trump Media & Technology Group Allege Naked Short Selling, Seek Nasdaq's Intervention (Updated)

Trump Media & Technology Group Corp. (NASDAQ: DJT) shares surge as company sends letter to Nasdaq about suspected short-selling, seeks transparency and compliance.

On Location at My No. 1 A.I. Stock Pick

On Location at My No. 1 A.I. Stock Pick - Ad

In this video, I go on location to share the name, ticker symbol, and story behind my #1 A.I. stock pick. I can almost guarantee you've never heard of this company -- but soon you, your friends, and your family will likely all be using it.

Warren Buffett Is Known For His Simple Lifestyle But Here Are 8 Lavish Things We Know He Owns

Warren Buffett, the billionaire, embraces a modest lifestyle and prefers stashing his cash in the bank. Despite standing among the world's wealthiest, the priciest items he owns could surprise everyone.

What's Going On With TotalEnergies Shares Friday?

TotalEnergies shares rise as it announces strategic partnership with OK Petroleum in Long Island, NY, alongside recent acquisitions and battery storage project launch in Belgium.

Don't Buy NVDA Without Seeing This

Don't Buy NVDA Without Seeing This - Ad

Are you holding America's 2nd most popular stock? It could hurt your portfolio.

Workers at Mercedes factories near Tuscaloosa, Alabama, to vote in May on United Auto Workers union

DETROIT (AP) — Thousands of workers at a big Mercedes-Benz factory , will on whether they want to be represented by the United Auto Workers union.

Vingroup's VinFast Faces Financial Risks Amidst Global Ambitions, With $5.7B Loss Over Past Three Years

Vingroup's VinFast faces financial risks as it expands globally, grappling with a $5.7 billion loss over three years.

A.I. Pioneer Issues Urgent Warning to Americans

A.I. Pioneer Issues Urgent Warning to Americans - Ad

According to one early A.I. pioneer: "You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There's no middle option."

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

Why Dragonfly Energy Shares Are Rocketing Premarket Tuesday

Dragonfly Energy shares surge premarket after reporting Q4 2023 results, with decreased sales and improved Adjusted EBITDA.

Stop Buying AI Stocks!

Stop Buying AI Stocks! - Ad

...until you listen to what Luke Lango reveals in this video. Luke takes you straight to the offices of a tiny $3 A.I. company that he predicts could become as much as a $100 billion company soon. Meaning, early investors in this stock could get in for peanuts. He gives the name & the ticker symbol with no strings attached.

Cannabis Summit Set To Shake Up Washington DC: Bipartisan Lawmakers, Industry Leaders Rally For Decriminalization On 420 Day Of Action

Discover how bipartisan leaders and grassroots activists unite in Washington, DC, for cannabis decriminalization. Join the movement now!

Another record for New Jersey internet gambling revenue as in-person winnings struggle

ATLANTIC CITY, N.J. (AP) — New Jersey's high-flying internet gambling market continues to smash records. But the amount of money won from in-person gamblers at most of Atlantic City's casinos is less than it was before the COVID19 pandemic.

Google CEO: This Is "More Profound" Than Electricity

Google CEO: This Is "More Profound" Than Electricity - Ad

AI is estimated to generate 7.5x more wealth than the American internet economy. But if you're buying NVDA, you're missing the big picture.

Average long-term US mortgage rate climbs above 7% to highest level since late November

LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months.

'The Street Wants and Needs Answers' From Elon Musk On Tesla Layoffs -- Dan Ives Demands 'Rationale For The Cost Cutting'

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances.

Google CEO: This Is likely Bigger Than Electricity

Google CEO: This Is likely Bigger Than Electricity - Ad

Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again.

Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions

In a move to bolster its global standing, Taiwan has extended its 'chip diplomacy' to the Czech Republic, signing a tech pact with the U.S., Canada, France, and Germany in recent months.

First major attempts to regulate AI face headwinds from all sides

DENVER (AP) — Artificial intelligence is helping decide which Americans get the job interview, the apartment, even medical care, but the to reign in bias in AI decision making are facing headwinds from every direction.

Bill Gates Is Raving About WHAT?!

Bill Gates Is Raving About WHAT?! - Ad

The legendary Microsoft founder says that this tech "will be as revolutionary as the personal computer." It could create a new generation of millionaire investors by the end of the decade.

Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert

Major cryptocurrencies dropped amid geopolitical risks, with $877.8M liquidated in crypto derivatives market. Total market cap down 3.35%.

Over $1M Bet On This Consumer Cyclical Stock? Check Out These 3 Stocks Insiders Are Buying

Although U.S. stocks closed lower on Friday, there were a few notable insider trades.

Gold: Now Legal Tender

Gold: Now Legal Tender - Ad

Most Americans missed this big story, but 1 in 5 states have now made gold and silver coins legal tender. It's just one reason why so many predict gold will soon hit $5,000. And why you need to check out this $5 strategy for gold immediately.

Nvidia Robotics Expert Praises Tesla FSD's 'Human-Like Maneuvers' As Magical

Tesla's latest FSD feature has impressed users like Nvidia employee Yuke Zhu who called it 'magical'. Tesla has made FSD more accessible with price cuts and free trials.

Boeing Whistleblower Urges Grounding Of All 787 Dreamliners Worldwide Citing 'Premature Failure' Concerns: 'Check Your Gaps'

A Boeing engineer has called for the grounding of the entire 787 fleet due to safety concerns. The engineer, Sam Salehpour, is set to testify before Congress on Wednesday.

The No. 1 AI Stock of 2024 (Not Nvidia)

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

As earnings season rolls into its heart, hopes rise for broader gains

NEW YORK (AP) — As the heart of earnings reporting season arrives on Wall Street, investors hope that many more voices will be joining the chorus of companies reporting stronger profits.

Hard right makes hay with European farmers' anger ahead of June elections

ANDEREN, Netherlands (AP) — Inside the barn on the flat fields of the northern , Jos Ubels cradles a newborn Blonde d'Aquitaine calf, the latest addition to his herd of over 300 dairy cattle.

Jeff Bezos Just Humiliated Elon Musk

Jeff Bezos Just Humiliated Elon Musk - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Edmunds: Avoid these 3 mistakes when buying a used car sight unseen

It’s easier than ever before to buy a used vehicle online. Unfortunately, that also means it’s easier than ever before to make a purchase you might later regret.

Trending Now

EXCLUSIVE: Industry Leaders Predict How The Bitcoin Halving Impacts Prices And Mining

General Motors And Ford Are Facing The Same Challenge As They Run Back To Gas-Powered Trucks

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad

Joe Biden Tax Return Released: How Much Did President Make In 2023?

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Top 3 Tech Stocks That May Explode This Month

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

"Gold's Final Bull Market Has Just Begun..." - Ad

Kentucky governor announces lottery to award initial round of medical cannabis business licenses

Alcoa Well-Positioned To Benefit From Positive Pricing Momentum, Analyst Says

Forget Nvidia, Buy Elon's Supplier Instead - Ad

Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

An NPR editor who wrote a critical essay on the company has resigned after being suspended

10X Gains on the Horizon? - Ad

Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming

Delta Flight Returns To Atlanta After Takeoff: Boeing 757 'Yawing Aggressively'

Has Jeff Bezos Found the Next Nvidia? - Ad

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

Apple CEO says that he wants to increase investments in Vietnam

The A.I. Story Nobody is Telling You (Read ASAP) - Ad

Trump Sees Net Worth Dip Below $4B After Truth Social Stock Tumbles: Could Ex-President Sell Shares Soon?

Worldcoin Announces Plans For A 'World Chain' Layer-2

Elon Musk's ChatGPT Could Soon Mint New Millionaires - Ad

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla Bull Says 'Don't Know...What's Going To Happen To TSLA Stock Next Week' Ahead Of Earnings Call: 'Much Depends On...'

The Six Words That Could Destroy America... And the Value of Your Savings. - Ad

Nike's Sneaker Coup: Reportedly Nears Lucrative Deal With Basketball Sensation Caitlin Clark

AP Weekend News Lookahead - April 20-22

What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad

Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny, Crosses User Threshold for Enhanced Regulation

If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line

Breaking: A Global Gold Lockdown Is Now Underway... - Ad

San Francisco sues Oakland over new airport name that includes 'San Francisco'

EXCLUSIVE: How The Bitcoin Halving Could Transform The Market

5 Wall Street Legends Just Bought This One Stock - Ad

Top 3 Financial Stocks That Are Ticking Portfolio Bombs

Skechers USA Unlikely To Raise Outlook Due To Eurozone Hurdles, Says Analyst

Buy This A.I. Stock Before Elon's Announcement - Ad

FBI opens criminal investigation into Baltimore bridge collapse, AP source says

Georgia's parliament votes to approve so-called 'Russian law' targeting media in first reading

A Tech 7.5x Bigger Than the Internet Economy? - Ad

Donald Trump Argues 'Political Prosecution' Before Jury Selection In New York Trial: 'Judge Not Going To Allow Me To Escape This Scam'

Ex-Trump CFO Allen Weisselberg to be sentenced for perjury, faces second stint in jail

Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In - Ad

'Fundamentally Unfair:' Tesla Board Chair Urges Shareholders To Vote Again On Elon Musk's Voided Pay Package (UPDATED)

Israel's long-term credit rating is downgraded by S&P, 2nd major US agency to do so, citing conflict

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer

Convenience store chain where Biden bought snacks while campaigning hit with discrimination lawsuit

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.