5 Stocks Poised for Breakouts
05.25.12 | 11:47 AM
WINDERMERE, Fla. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, ...
Barron's: Next Hotel Takeover Targets
Updated:
07.07.07Views:
User Rating:
0.00/0RATE NOW
Log in to rate this portfolioFollow
Log in to follow
Description:
From Barron's 7-9-07:"Last week, the hotel empire that Conrad founded welcomed an all-cash $26 billion offer to be taken private by the Blackstone Group (BX). And the market's reaction suggests it expects many more such advances to be made.
Hotel stocks across the world jumped as speculators declared open season on big hotel brands. Blackstone's 47.50-a-share bid pegs Hilton (HLT) at about 13.5 times 2008 Ebitda, or earnings before interest, taxes, depreciation and amortization. Analysts applying that multiple to Starwood Hotels & Resorts Worldwide (HOT), for example, arrived at a price of about 82, and shares promptly climbed 8% Thursday to 74.50. Even Marriott International (MAR), family-controlled and thought less susceptible to buyouts, saw its shares rise 7%. Host Hotels (HST) jumped 10%."
"Susquehanna analyst Robert LaFleur has argued that hotels look like a risk-adjusted bargain, relative to other assets like office buildings, malls and apartments. "The bottom line is that there continues to be a big gap between private market and public market valuations," he notes."
Most Viewed Portfolios
View All
Articles
8 Stocks Soaring on Big Volume
05.25.12 | 01:13 PM
WINDERMERE, Fla. (Stockpickr) -- Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves; they also ...
Recent Answers
hey divy hero.....give us a peak....what's currently in your portfolio?
2 Answers
05.25.12 | 09:11 PM asked by Michael Morse
Popular Forums
- Livermore's Ghost05.26.12 | 01:20 PM
- Horror Show05.25.12 | 10:47 PM
- OPI05.25.12 | 10:16 PM
- Paper Millionaires Driving Expensive Cars On Shoddy Roads05.25.12 | 10:14 PM
