Chris: re: CTZ, FCH, LHO, TOY: These stocks have all been discussed here before. Regarding FCH and LHO: the commonality of course, is that both are hotel reits with large dividends. LHO is very small with upscale hotels. FCH, much larger, is trying to rebrand (upscale) some of their properties. Some question if they will be successful.
If, as you say, you want a comparison for your education, I defer to others who can better detail financial or other aspects. If you want a comparison so as to pick out the best value, that's not possible by me. For those willing to invest in the hotel reit business I don't see it as an either/or choice. I have positions in both. Have no opinion on your HRP.
I continue to hold my position in CTZ which I added to after the merger announcement.
I've been too slow to add to my small position in TOY in the past few weeks. I see TOY, selling near historical lows (not today though -g-), close to book value, with okay relative p/sales, possibly and likely transferring its building capital $$ to internet investments, unfavorably viewed by many (being squeezed by Wal-Mart and Target and E-toys, maybe also kb.com)-- as a value stock for me.
Paul |
