Should You Be Buying Marriott Stock Now?
Marriott International (NASDAQ: MAR) has been hit hard by the effects of COVID-19, which has impacted worldwide business and personal travel. In this unique environment, occupancy at its properties plummeted to 11% in April, and it was still only at 34% at the start of August.
With the stock down by nearly 40% year to date, it is tempting to purchase shares. However, it is important to look beyond the big price drop to determine whether this is a value stock or a value trap.
Let's examine Marriott closer to answer that question.
Source Fool.com
