RBC Capital: These 2 Stocks Are Super Cheap Right Now

These two tech stocks sport extremely compelling valuations right now, says five-star RBC Capital analyst Mark Mahaney (Track Record & Rating). With tech sentiment shifting, is now the time to jump in for some bargain buys or is it better to steer clear? These are the questions investors are left asking following a choppy start to the third quarter. Which means now is the time to turn to expert advice to reveal which stocks are the most promising right now. And when it comes to experts, one of the best out there is RBC’s Mark Mahaney. TipRanks reveals that this analyst ranks an impressive #26 out of almost 5,000 Wall Street analysts for his savvy stock picking ability.

Luckily for us, we can now see which stocks Mahaney is particularly bullish on right now thanks to a just-released report. He highlights the following two stocks as two of his top stock picks in the internet world- and reveals how far he thinks these stocks can climb in the coming months. Let’s take a closer look at how these stocks measure up now:

Expedia- Up 2% YTD

Ahead of Q3 earnings, Mahaney singles out leading online travel company Expedia (EXPE – Research Report) as the stock to watch. “We’re most incrementally near -term constructive on EXPE — which has traded down 8% intra-quarter, but we believe has a reasonable shot at upwards estimates revisions on the print, based on healthy macro lodging trends and reasonable Street estimates” cheers Mahaney.

And aside from strong earnings potential, EXPE also looks attractive from a broader perspective. The analyst sees stock prices rising 22% to $150. “We continue to believe Expedia remains an excellent play on the secular growth in Online Travel” states Mahaney.

Most notably, he sees a tremendous growth runway for vacation rental marketplace HomeAway- Expedia’s answer to AirBnB. “With only approx. one-third of HomeAway properties Instantly Bookable, we believe it is still early days for this asset” he continues.

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Enjoy Research Reports on the Stocks in this Article

Expedia (EXPE) ...

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