Starwood Hotels & Resorts Worldwide Inc (HOT): Today's Featured Leisure Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Starwood Hotels & Resorts Worldwide
(
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 0.7%. By the end of trading, Starwood Hotels & Resorts Worldwide rose $0.76 (1.2%) to $63.97 on average volume. Throughout the day, 1,505,589 shares of Starwood Hotels & Resorts Worldwide exchanged hands as compared to its average daily volume of 1,713,500 shares. The stock ranged in a price between $62.87-$64.43 after having opened the day at $62.93 as compared to the previous trading day's close of $63.21. Other companies within the Leisure industry that increased today were:
Dover Downs Gaming & Entertainment
(
), up 12.2%,
(
), up 5.9%,
(
), up 4.5% and
(
), up 4.2%.
Starwood Hotels & Resorts Worldwide, Inc. operates as a hotel and leisure company worldwide. The company operates luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Starwood Hotels & Resorts Worldwide has a market cap of $12.8 billion and is part of the services sector. Shares are up 10.0% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Starwood Hotels & Resorts Worldwide a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Starwood Hotels & Resorts Worldwide
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Starwood Hotels & Resorts Worldwide Ratings Report.
On the negative front,
(
), down 5.6%,
(
), down 3.6%,
Einstein Noah Restaurant Group
(
), down 3.2% and
(
), down 3.0% , were all laggards within the leisure industry with
(
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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