Barry Schwartz
Hyatt Hotels
H-N
PAST TOP PICK
Nov 19, 2019
(A Top Pick Jan 07/19, Up 18%) Experiential Consumerism. They have the most exposure to hotels outside of North America. As more people travel, they will need more hotels. The company is trading at a deep discount to its competitors. They keep buying back stock. One day they will get acquired.
They no longer want to own the hotel, they want to own the franchise and collect the royalties. In 3-5 years, they'll be 100% there. Has some of the best real estate and at a cheaper valuation than Marriott. Yield is 0.9%. (Analysts’ price target is $80.30)
Luxury hotels. The stock has flatlined due to worries over the coronavirus. They are selling their hotels for management contracts. They are using the cash to buy back stocks. He sees it trading over $100. A well-run business with the family having a lot of stocks. (Analysts’ price target is $86.13)