Airbnb: A Category Leader Poised for Long-Term Growth
Considering its status as what you might call a recovery play, Airbnb (ABNB) stock has not had a very successful 2021 so far. The shares are sitting 4% into the red, and much like a hard-working bod anticipating a holiday, are waiting for lift off.
That said, RBC Capitals Brad Erickson thinks there are multiple secular tailwinds which should help push the company and shares forward.
Airbnb is the clear leader in private/alternative accommodations while addressing an $800B+ market that we think expands…
