Priceline.com (PCLN)

<b>Priceline.com</b> (<a href=http://www.zacks.com/stock/quote/pcln>PCLN</a>) is one of the leading online travel companies in the world. The company&#39;s fourth quarter results beat the Zacks Consensus Estimates on both the top and bottom lines. <p> Management expects strong double-digit bookings growth in the first quarter, although international is expected to grow faster than domestic. The company saw double-digit growth in revenue, gross profit dollars and operating profit dollars during recession-hit 2009. <p> The current momentum in the business -- international growth opportunities, good execution, prudent marketing strategy and strong financial position -- are positives. Occupancy tax-related litigation and declining ADRs are areas to watch. We are reiterating our Outperform rating on PCLN shares.

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