Fast Money Traders Debate Over Expedia

On CNBC's Fast Money Halftime Report, Stephanie Link and Jon Najarian

on Expedia Inc

. Stephanie Link believes that the stock still has attractive valuation. She added that Expedia is gaining market share and that margins are steady, despite heavy investment. The company raised growth rate to 16% to 19% from 13% to 15%. The stock is trading at 16 times forward estimates, which she finds cheap. Jon Najarian doesn't disagree that Expedia is a great company, but he believes that Priceline Group Inc

is doing a lot of things that are going to hurt Expedia. The purchase of Open Table makes Priceline a one stop shop when you are booking your flight and getting your hotel room. Booking.com is the international side of Priceline's business and it owns that space, explained Jon Najarians. He thinks that Expedia is going to have a tough time gaining market share in that segment. Stephanie Link responded that Expedia is doing well with Travelocity and it hasn't even cut the surface in this segment.The company has double digit ad growth and it has far better mobile presence that Priceline. She added that Priceline is going to be distracted by recent acquisitions. Josh Brown commented that this is the best company in the sector and that he would own stocks in both companies. Expedia is currently trading approximately 5% higher.