Marriott Vacations: A Compelling Cyclical Play
Summary
- Marriott Vacations is coming off of a stellar quarter and shows no signs of slowing down, due to its affluent customer base.
- The company has a great track record with dividends and repurchases, and investors do have some incentive to be patient with the stock.
- The company isn't exactly at bargain levels right now, especially considering the short-term risks on the horizon.
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