#6 - Marriott International (NASDAQ:MAR)
Marriott International, Inc. (NASDAQ: MAR) continues to defy expectations that the revenge travel phenomenon is over. The company reported earnings in August and beat expectations on the top and bottom lines and raised its guidance for the rest of the year.
But the stock is starting to look out over its skis. MAR stock is up 24% in the last 12 months and over 67% in the last five years. For investors to see continued growth, consumer spending will have to continue to defy expectations.
That may happen, but if you're a growth investor playing the percentages, that seems like a tricky bet. Marriott reinstated its dividend in 2022, so that may be enough to keep income investors interested. But for growth investors, this is a good time to check out and take your profits on MAR stock.
About Marriott International
Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.
Read More - Current Price
- $283.96
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 14 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $266.25 (6.2% Downside)
