Bull Signal Says Buy the Dip on Hilton Hotels Stock

HLT could also benefit from a shift in analyst sentiment

Digital Content Manager
Feb 23, 2022 at 2:08 PM
facebook twitter linkedin

Hilton Hotels Corporation (NYSE:HLT) is down 0.4% at $146.60 this afternoon. The equity has been cooling off from a Feb. 16 record high of $160.96 over the past week -- on track for its fifth-straight loss. However, in addition to its 20.6% year-over-year lead,  the stock just flashed a historically bullish signal, making now the perfect time to buy the dip on HLT.

More specifically, Hilton Hotels stock just pulled back to its 100-day moving average. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, comparable moves have occurred seven times over the past three years, with the security enjoying a positive one-month return 71% of the time, while averaging a 6% pop. A similar move from its current perch would put HLT at $155.39.

HLT 100 Day

A shift in sentiment among analysts could also give Hilton Hotels stock a leg up. Of the 13 in coverage, eight still call Hilton Hotels stock a tepid "hold," indicating there is plenty of room for upgrades going forward.


Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 



Special Offers from Schaeffer's Trading Partners