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April 29, 2020, 10:13 a.m. EDT

Some Of The Most Expensive Stocks: BKNG, MKL, MELI

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    Booking Holdings Inc. (BKNG)
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Apr 29, 2020 (The Market Signal via Comtex) -- Sector Reports was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking to buy /zigman2/quotes/203576210/composite BKNG -0.79% , /zigman2/quotes/207564531/composite MKL +1.22% or /zigman2/quotes/200678442/composite MELI -0.05% then we strongly urge to join our community by signing up with the link below and getting a completely free research report on each company today.

http://www.sectorreports.com.au/lP/?symbol=FREE-REPORT

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Considering necessary shutdowns' gravity that this pandemic has brought along the world economy has been rendered volatile. Determining the contribution of this infectious virus on daily stock market, we bring for our investors, some of the most expensive stocks in the U.S. market currently.

Booking Holdings Leverages Pay-At- -Hotel Model

https://www.sectorreports.com.au/landing-page/?symbol= BKNG

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Booking Holdings Inc. /zigman2/quotes/203576210/composite BKNG -0.79% is seen as a good investment because of its growing earnings. Despite being a travel company, Booking Holdings has a higher safety and has also grown its EPS 19.20% pa over last five years period. The stock is valued at present at $1,432.87 per share with 54.11% safety margin.

Considering its competitors like Expedia and Airbnb, Booking Holdings is at a much safer place because of its primary model of pay-at-the-hotel. For the year ending December 2019, the company had bookings worth $1.6 billion approximately, which is at a recoverable position than other travel companies.

Coronavirus outbreak has adversely hit travel sector, but Booking Holdings has a marketing edge because it generates comparatively more traffic through direct sources rather than Google to find its customers.

Markel Corporation Reports Positive For Q1 2020 With Stake Acquisition In Lansing Building Products

https://www.sectorreports.com.au/landing-page/?symbol= MKL

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Markel Corporation /zigman2/quotes/207564531/composite MKL +1.22% reported $1.3 billion earned premiums for Q1 2020, an upward push from $1.2 billion of previous year. The company also reported $511.2 million operating revenues in Markel Ventures operations, an acceleration from previous year's $455.0 million.

The company's Co-Chief Executive Officers said that Markel is positioned well in the market to weather current economic challenges rooting from Coronavirus disease. Focussing on its long term goal and reinstating investors' faith in the stock, the company also announced investment in Lansing Building Products.

Markel has signed an agreement to acquire stake in combined Lansing and Harvey distribution businesses. The deal will be finalized in Q2 2020. The partnership is expected to strengthen financial position of these companies in volatile times of Covid-19.

MercadoLibre Becomes Messiah Of Brazilian Small Businesses By Extending $114 Million Credit Line

https://www.sectorreports.com.au/landing-page/?symbol= MELI

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Mercado Pago, the financial arm of MercadoLibre, Inc. /zigman2/quotes/200678442/composite MELI -0.05% is turning saviour for small and medium Brazilian businesses. The company's financial arm is extending $114 million credit line to these businesses, helping them sustain their economic activities in sharp impact of novel coronavirus pandemic.

With larger banks easing credit conditions, smaller entrepreneurs are still finding bank as an expensive option. As many as 60% of small entrepreneurs are unable to get loans after Brazil started laying off these businesses to contain impact of COVID-19.

MercadoLibre is also expected to release its financial report for Q1 2020 on April 29, 2020 after markets close.

Meanwhile, the company's stock will continue to shine bright in stock market because of its $420 million investment in Mexico, raising its venture 46% from previous year.

We use Finbox for our Source Data .

Please email editor@sectorreports.com.au for any edits or errors, or if you would like information on using our press release distribution service.

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COMTEX_365092918/2662/2020-04-29T10:12:55

/zigman2/quotes/203576210/composite
US : U.S.: Nasdaq
$ 1,778.87
-14.10 -0.79%
Volume: 262,553
Aug. 14, 2020 4:00p
P/E Ratio
30.03
Dividend Yield
N/A
Market Cap
$72.84 billion
Rev. per Employee
$592,939
loading...
/zigman2/quotes/207564531/composite
US : U.S.: NYSE
$ 1,097.18
+13.27 +1.22%
Volume: 34,604
Aug. 14, 2020 4:00p
P/E Ratio
71.41
Dividend Yield
N/A
Market Cap
$15.12 billion
Rev. per Employee
$417,749
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 1,156.44
-0.61 -0.05%
Volume: 351,173
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$57.49 billion
Rev. per Employee
$198,875
loading...
/zigman2/quotes/203576210/composite
US : U.S.: Nasdaq
$ 1,778.87
-14.10 -0.79%
Volume: 262,553
Aug. 14, 2020 4:00p
P/E Ratio
30.03
Dividend Yield
N/A
Market Cap
$72.84 billion
Rev. per Employee
$592,939
loading...
/zigman2/quotes/207564531/composite
US : U.S.: NYSE
$ 1,097.18
+13.27 +1.22%
Volume: 34,604
Aug. 14, 2020 4:00p
P/E Ratio
71.41
Dividend Yield
N/A
Market Cap
$15.12 billion
Rev. per Employee
$417,749
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 1,156.44
-0.61 -0.05%
Volume: 351,173
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$57.49 billion
Rev. per Employee
$198,875
loading...

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