China Lodging Group, Limited HTHT was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $106.31 to $115.62 in the past one-month time frame.
The company has seen one positive estimate revision in the past few months, while its Zacks Consensus Estimate for the current year has also moved higher over the past few months, suggesting that more solid trading could be ahead for China Lodging Group. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
China Lodging Group currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
China Lodging Group, Limited Price
China Lodging Group, Limited Price | China Lodging Group, Limited Quote
Another stock worth considering in the Hotels and Motels industry is Marriot Vacations Worldwide Corporation VAC which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
Is HTHT going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Marriot Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report
China Lodging Group, Limited (HTHT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research