Prof. Sanjay Bakshi had a recent article on why he bought Thomas Cook. You can read the same out here,
So, how does the stock look Technically?
Here is a Monthly Bar Chart
As can be seen, we are sitting just below a multi year resistance line. If the stock crosses & closes (on monthly timeframe) above 85, we should be able to see the high of 2007 (142) which in itself would mean a move of 67% from the breakout levels.