"As we enter Quad 4 in Q4 (i.e. Growth and Inflation slowing), I want to take down cyclical and/or gross long exposure," explains CEO Keith McCullough on why we're removing Extended Stay America (STAY) from Investing Ideas today.
Below is our risk management framework for our Growth, Inflation, Policy model laying out what works and doesn't work historically in each of the four quadrants. (Click here to watch a video explaining our GIP Model.)
***No change to Gaming, Lodging & Leisure analyst Todd Jordan's fundamental long thesis on Extended Stay America (STAY). Click here to read our analyst's original report.
