Below is a note from Hedgeye CEO Keith McCullough on why we are removing Host Hotels (HST) from the long side of Investing Ideas today:
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"The @Hedgeye Risk Range #Process is signaling that HST may be making a series of lower-highs. Currently, the stock is closer to the top-end of its intermediate-term range so I’m going to take it off my favorite longer-term longs list on that. I may come back to it at a lower price if Gaming, Lodging & Leisure analyst Todd Jordan’s fundamental research outlook remains bullish." |
Note: There is no change to Gaming, Lodging & Leisure analyst Todd Jordan's bullish fundamental research view on the company. Click here to read our analyst's original report on the company.
