Hilton Stock Is Worth a Buy Before Shares Bounce Back [Yahoo! Finance News]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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Source: Yahoo! Finance News
After last month's selloff driven by the novel coronavirus, many stocks remain far below their 52-week highs. And not just more vulnerable companies. High-quality names like Hilton Worldwide (NYSE:HLT), too. With HLT stock down more than 38% since February, it's obvious investors still believe the hotel giant is not out of the woods yet.Source: josefkubes / Shutterstock.com However, Wall Street is overestimating how long this crisis will last. Sure, things may be tough for a few months. But, based on the current valuation, investors keep pricing in an extended world of hurt for the hotel franchisor.Recovery will come sooner than you think. And with that, travel will pick up, quickly. Whether traveling for business or pleasure, things will rebound once the pandemic is in the rearview mirror. Once that happens, Hilton stock will bounce back to past price levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo, why buy now? To put it simply, now's the "darkest before the
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HLT
Earnings
- 4/24/24 - Beat
HLT
Sec Filings
- 4/26/24 - Form S-3ASR
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- HLT's page on the SEC website