We Are Removing Host Hotels (HST) from Investing Ideas

09/01/17 10:28AM EDT

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:

"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.

We Are Removing Host Hotels (HST) from Investing Ideas - host hotels

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.