Sean Stannard-Stockton Talks Google & Booking Holdings on CNBC

6 January 2023 | by Ensemble Capital

Yesterday, Ensemble CIO Sean Stannard-Stockton appeared on CNBC to discuss our market outlook, thoughts about Fed policy and some of our favorite investment ideas. In the clip below, Sean discussed both Google and Booking Holdings. In his comments he noted the recent data showing a reacceleration of ecommerce growth rates above in person spending growth and discussed the implication for Google Search ads. On Booking, he talked about the re-opening of Chinese outbound tourism, which made up 15% of global international travel prior to COVID, and the impact it will have on the hotel industry.

If you are reading this post via an email subscription, you can click here to watch the interview.

For more information about positions owned by Ensemble Capital on behalf of clients as well as additional disclosure information related to this post, please CLICK HERE.

While we do not accept public comments on this blog for compliance reasons, we encourage readers to contact us with their thoughts.

Past performance is no guarantee of future results. All investments in securities carry risks, including the risk of losing one’s entire investment. The opinions expressed within this blog post are as of the date of publication and are provided for informational purposes only. Content will not be updated after publication and should not be considered current after the publication date. All opinions are subject to change without notice and due to changes in the market or economic conditions may not necessarily come to pass. Nothing contained herein should be construed as a comprehensive statement of the matters discussed, considered investment, financial, legal, or tax advice, or a recommendation to buy or sell any securities, and no investment decision should be made based solely on any information provided herein. Links to third party content are included for convenience only, we do not endorse, sponsor, or recommend any of the third parties or their websites and do not guarantee the adequacy of information contained within their websites. Please follow the link above for additional disclosure information.