Stockchase Opinions

Brian DawsonFairmont Hotels & ResortsFHR.TOBUYJan 31, 2003

Would consider at a lower level.
$33.13

Stock price when the opinion was issued

lodging
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

SELL
Now being acquired. Good management team. This will look like a pretty good deal in a couple of years. In the meantime, you might wish to take some profit.
PAST TOP PICK
(A Top Pick Feb 1/05. Up 5%.) Pleased and believes there is more to come.
BUY
Has done reasonably well. Disappointed in the 4th quarter. Travel has come back, so they have been showing increased revenues and increased room rates.
STRONG BUY
(A Top Pick Feb 3/05) Likes it because the increase in revenues will drop to the bottom line.
DON'T BUY
Worth $31, so it's overvalued. Don't touch it.
DON'T BUY
Technical structure is OK, it's not wonderful. There are probably better stocks to own in the world if you want to be in the hotel sector. Would be a little negative on some of the consumer type stcoks in the short run.
BUY ON WEAKNESS
Very strong business. Ther will be opportunities to pick it up from time to time when travel is affected. Well managed. A long term hold.
DON'T BUY
Have great hotels, but don't make much money. Their capital expenses are high and they have to keep investing in their assets. No real growth besides acquisitions and new hotels. Stock is very expensive. They are shorting it.
TOP PICK
Down a little because the market felt the 4th quarter numbers were a little disappointing. Recovering from 9/11 and SARS. Good top line growth, i.e. number of people staying and the price they are paying.
TOP PICK
Had the usual down and then had a major base building. Neckline was at the $37 level and then a breakout. Now in a pull back. Waiting to BUY right here or maybe the next few days.
PAST TOP PICK
(A Top Pick July 13/04. Up 13%.) Still likes. Fundamentals are gradually improving. Hotel occupancy rates across North America are improving. Transitioning from owning/operating to just operating.
BUY ON WEAKNESS
Would prefer in the low $30's. Has outstanding properties. The big question is if business travel will be sustained. Expects earnings to improve.
PAST TOP PICK
(past top pick June 16, 2004. down 1.5%) Great company.
PAST TOP PICK

(Top Short on Mar 17/04. Up 3%.) Cleared out of the short recently. The stock is on a recovery mode.

PAST TOP PICK
(Past top pick June 16/04. Down 5 1/2%.) Still likes. Has very strong faith in the tourism business.