Well after a few better picks, my 2013 long & short picks are looking better. There is one very poor result that I am unfortunately closing out this morning as I’ll be closing out my Long LinkedIn ($LNKD) and Short Zillow ($Z), my worst long & short pick of the year, currently down 38%, ouch! You can always take a look at my results here:

–My 2013 Tech Stock Long & Short Trades

This morning, I am opening a new trade on 2 of the major travel web companies out there. They have been battling for years now and while Orbitz has made a turnaround, I fully expect Expedia to end up the winner. Before going further here are the numbers on these two companies:

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And the quarterly Y/y revenues growth:

EXPE Revenue Quarterly YoY Growth data by YCharts

Long Expedia (EXPE)

I’ve had a tougher time getting a clear view of Expedia since the TripAdvisor spinoff but I do think it’s fair to say that Expedia has been looking like one winning players in the online travel industry and I do think it’s a solid bet for years to come, especially when compared to competitors such as Orbitz. I’m not sure it’s a buy outright but when comparing with OWW, it sure looks very cheap in terms of P/E ratio.

Next earnings release: July 25

Short Orbitz (OWW)

Orbitz has had a difficult time for a few years but things are certainly looking up this year as you can see in the stock chart. That being said, things are not exactly great just yet.  Just look at the quarterly revenues from Orbitz…

OWW Revenue Quarterly data by YCharts

Next earnings release: August 8th

Disclaimer: No positions