5 Stocks That Will Make You Rich In 5-10 years

4. Marriott International, Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 46

Marriott International, Inc. (NASDAQ:MAR) is a Bethesda, Maryland-based operator of one of the biggest hotel chains globally. The company has over 8,000 properties and a portfolio of over 30 brands, such as Ritz-Carlton, Sheraton, and Westin in its portfolio.

On September 15, Stuart Gordon at Berenberg upgraded Marriott International, Inc. (NASDAQ:MAR) stock from a Hold to a Buy rating and also increased the target price from $165 to $185. The analyst is seeing rapid recovery in the lodging sector that is yet to be reflected in Marriott International, Inc.’s (NASDAQ:MAR) stock price. Gordon anticipates a strong increase in the company’s revenue per available room (RevPAR) in 2023 despite the possibility of a recession looming.

Marriott International, Inc. (NASDAQ:MAR) offers an annual payout of $1.20, translating into an annual forward dividend yield of 0.81% as of November 8. The company’s strong cost control and higher demand for services are expected to give a significant push to operational efficiency in the following years. These factors have led many to see Marriott International, Inc. (NASDAQ:MAR) as one of the best long-term stocks in the market currently.

In its Q1 2022 investor letter, Aristotle Capital Management presented its outlook on Marriott International, Inc. (NASDAQ:MAR). Here’s what the firm said:

“Marriott International outperformed in the first quarter following a better-than-expected earnings report for the company’s fourth quarter of 2021. During the pandemic, the company reduced expenses which improved operating leverage as revenue recovers. Expectations for travel in 2022 have improved as COVID cases have declined. The company has a strong pipeline of new hotels coming into the Marriott system. There are some indications that business-related travel is starting to recover.”