Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

La Quinta: FCF And Deleveraging While Growing Makes This A Name You Have To Own

There's a growing force in the hotel space that is slowly, actually rather quickly, becoming the market leader in the select service niche - this force is La Quinta Holdings, Inc. (NYSE:LQ). La Quinta just put on a smoke show of a quarter after being given the benefit of the doubt for the last three months with nothing but high expectations and momentum being priced into the stock as analyst upgrades rolled in and the share price stair-stepped its way higher and higher. The company did not disappoint. After reporting one of the most impressive quarters you're ever going to see from a semi-mature hotel chain the shares look well positioned to continue to make higher highs on...

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