Marriott Stock Rating Climbs; Canary In Mine?

Pundits have said for some time that the hotel industry is poised for a renaissance. That hasn’t happened yet. The Leisure-Lodging group ranks a weak 104 on IBD’s list of 197 industries. However, in a welcome move that could be a harbinger of rising strength in the group, top-ranked Marriott International (MAR) on Thursday saw its Relative Strength Rating improve to 72, up from 68. That means Marriott stock is outperforming 72% of all stocks, regardless of industry.

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It’s a bullish sign but there’s more work to be done. The market’s biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Marriott International can continue to rebound and hit that benchmark.

Marriott Stock’s Other Ratings Shine

Among other key ratings Marriott stock has an 89 Composite Rating, putting it in the top 11% of all stocks for a group of five other key metrics. It has a decent 77 Earnings Per Share Rating and an outstanding A SMR Rating (sales+profit margins+return on equity) on an A-to-E scale with A tops.

Marriott stock earns the No. 1 rank among its peers in the Leisure-Lodging industry group. Choice Hotels (CHH) and Hilton Worldwide (HLT), parent of Waldorf Astoria, LXT and its namesake hotel chains among others, are also among the top five in the group.

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Marriott stock is building a consolidation with a 196 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal. Thursday afternoon Marriott traded at 159.65, down 1.2% for the day.

Marriott International, which operates nearly 8,000 properties in 139 countries, reported 71% earnings growth in the latest quarterly report, to $1.39 per share. Revenue grew 35% to $5.31 billion.

When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price performance over the last 52 weeks stacks up against all the other stocks in our database.

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