Are you looking for a new stock idea?
Fresh off our latest Top 10 Ideas presentation, Hedgeye CEO Keith McCullough and Gaming, Lodging & Leisure analyst Todd Jordan say Host Hotels and Resorts (HST) is a stock investors should add on the long side.
The company is excelling in revenue per available room (REVPAR) and is a beneficiary of late-cycle business growth.
Both Jordan and McCullough agree that HST is a great lodging REIT to be bullish on.
“For a stock to have gone to new highs in the most recent three months, despite bond yields going up, and despite the sector underperforming, I think that’s a great tell of what’s to come here,” McCullough explains.
Watch below for more insight on one of Hedgeye’s top long ideas.
