(MAR) Marriott International Has Been on Fire

A stock that has really been on fire is Marriott International, Inc. (MAR) which operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers.

The stock has enjoyed a 18.90% price increase in the last month. In the last 20 trading sessions the stock increased on 19 days and this week was 5 for 5. A 96% Barchart technical buy rating was signaled with 12 of 13 technical indicators a buy.

Wall Street brokerages like it too with 9 buy and 9 hold ratings. Sales are expected to increase 3.2% this year and 6.5% next year. Earnings are estimated to increase 2.2% this year plus 26.3% next year with a 5 year compounded growth rate of 10.08% for the next 5 years.

Investor sentiment is also high with investors voting 308 to 140 that the stock will out perform the market. Experienced investors agree 107 to 31.

As a side the last 19 articles about MAR have been favorable 18 to 1.

The stock trades at 34.02 with a 50 day moving average of 28.99.

The stock has my criteria:

  • New highs in 19 of the last 20 trading sessions
  • Wall Street brokerages predicting increased sales and earnings with buy recommendations
  • Positive investor sentiment
  • Wall Street columnists giving the stock positive press

View original at: Financial Tides — A Stock Market Investing Newsletter by Jim Van Meerten

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