Checking in to Marriott (MAR)

Shares of MAR have finally pulled back to their 200dsma, providing an excellent entry point in to this best-in-breed hospitality chain.

The aforementioned 200dsma is at $131, a level that coincides with a previous breakout level that has been tested - and held - on three different occasions. That zone is $128-131.

Fundamentally, the company continues to execute, evidenced by strong revenue, cash flow, and profit growth, as well as improving metrics like RevPAR and overall margins. There is a modest 1.3% dividend, but it has grown consistently, and with the payout ratio at 43%, there's room to grow further.

I'm a buyer right here, right now.
Trade closed: stop reached: Our support zone failed to hold, so this has been invalidated. I still like the name and will be looking for a new entry point in the name.


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