Priceline.com Is Unstoppable! (PCLN)

Shares of Priceline.com PCLN have added another 2% on Monday, and the stock is trading on higher than average volume. Priceline has been a truly wonderful investment on any timeframe. The company is one of the best growth stories in the market right now, and the stock seems to be unable to find a top. Over the last 10-years, PCLN shares have risen 1,354%. On the 5-year chart the stock is up 1,719% and over the last 52-weeks, PCLN has appreciated more than 135%. The company now has a market cap of $26 billion, which is quite amazing. On a valuation basis, PCLN is not cheap, but it is not unreasonably expensive given the company's history of explosive growth. The shares trade at a trailing P/E of 51.27, a forward P/E of 21.73 and a PEG ratio of 1.26. The median Wall Street price target is $562 with a high target of $660.