The Panic-Proof Portfolio (Stockchase Research) Host Hotels HST-Q PAST TOP PICK Dec 28, 2023

This lodging REIT recently reported earnings surprised analysts as occupancy rates grew faster than expected.  Cash reserves are growing again, while debt is retired and shares bought back.  It trades at 16x earnings and 1.6x book value.  We recommend a stop-loss at $12.50, looking to achieve $20 -- upside potential of 18%.  Yield 0.8%

Our PAST TOP PICK with HST is progressing well.  To remain disciplined, we recommend trailing up the stop (from $12.50) to $15.50 at this time.  

Our PAST TOP PICK with HST has achieved its target at $20.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $15.50.  

Our PAST TOP PICK with HST is progressing well.  To be disciplined, we recommend trailing up the stop to $19 at this time.

Our PAST TOP PICK with HST has triggered its stop at $19.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 19%, when combined with our previous recommendations.