TRIP.COM GROUP (TCOM) Stocks
ABOUT TRIP.COM GROUP
Trip.com Group Limited is a Chinese multinational online travel company which provides a wide range of services to its clientele. These services include the reservations of accommodation, transportation ticketing, packaged tours and corporate travel management. Trip.com Group Limited not only owns and operates Trip.com, but also owns and operate other travel agencies, namely Skyscanner, Qunar, and Ctrip. Trip.com Group Limited is currently the largest online travel agency (OTA) in China and one of the largest travel service providers in the world.
OVERVIEW OF TRIP.COM GROUP
- Trip.com Group is headquartered in Shanghai, China.
- Trip.com Group was founded in June 1999, 22 years ago.
- Trip.com Group was formerly known as Ctrip.com International Ltd.
- Trip.com Group’s service area is Worldwide.
VISION & VALUES OF TRIP.COM GROUP
The Trip.com Group vision statement reads as follows: “Our mission is to “Make Every Trip the Perfect Trip” and our corporate vision is “to be the most trusted, productive and responsible travel services provider, creating the most value for our customers, partners and the industry.”
MARKET PERFORMANCE OF TRIP.COM GROUP
- com Group trades on NASDAQ stock market and lists under the stock symbol TCOM.
- com Group also trades on the Hong Kong Stock Exchange as SEHK: 9961
- Price:43, Year Low: 23.61, Year High: 45.19
LATEST NEWS TRIP.COM GROUP
Buy TRIP.COM GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase TRIP.COM GROUP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy TRIP.COM GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized. Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN TRIP.COM GROUP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE TRIP.COM GROUPSTOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of TRIP.COM GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy COM GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?