Emerald Wealth Partners, the Zurich-based independent asset and wealth management firm, added Booking Holdings Inc. to its Growth Equity Strategy during the second quarter of 2026, according to its Q2 2026 investor letter. The strategy posted a 17.5% net return for the quarter, trailing its MSCI World Growth AC benchmark's 19.0% gain, with results driven by overweight exposure to semiconductors, cybersecurity and communications while software stocks stayed under pressure from AI-disruption concerns. The firm said Booking Holdings management appears to be leveraging its existing business successfully through AI, giving Booking.com a clear path to double-digit growth at a moderate multiple, and that switching out of BYD into Booking.com added significant value in the quarter. Booking Holdings, headquartered in Norwalk, Connecticut, closed at $155.90 per share on September 23, 2026, down 23.04% over the past month and 30.10% over the past 52 weeks, with a market capitalization of $117.14 billion and a 52-week range of $150.14 to $225.00. The letter also flagged growing risks around AI-driven market excesses, rising debt financing and speculative activity, while maintaining that selective opportunities remain in high-quality growth companies.
Booking Holdings IncEmerald Wealth Partners added Booking Holdings to its Growth Equity Strategy, citing a clear path to double-digit growth at a moderate multiple.
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