Shares of HomeAway (AWAY), a leading company providing homeowners around the world with the marketing tools to rent their vacation properties, were down over 5% recently following news that an institutional research company, Monness Crespi & Hardt initiated following of the company with a "sell" rating. Albeit, shares of HomeAway are up over 30% year-to-date and despite the recent drop should continue to perform well due to the implementation of new initiatives and the growth in the private rental market for vacation homes. Importantly, globalization and technological advances are enabling more people to rent their vacation homes, benefiting HomeAway. Also, the company has an experienced management and board of directors, which should ensure that it can handle...
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