[Fredledingue]

Hi! I bought one more stock!

Hospitality Properties Trust (HPT) is investing and leasing hotels.

I think the sector stocks have been particularly hit because they are regarded as real estate investing companies and more recently by fear of recession.

About real estate holding, we have to bear in mind that it's the residential housing that is in trouble. Anything beyond single family homes is fine (apartements building are even on the rise) or suffer only side effects of the general crisis.
They don't speculate on the value of the real estate but lease them out.

I think that hotels will always work. Less in a recession, but not hard-hit.
I don't think this "recession" as everybody decided to call it already, won't be as severe as to hit them (HTP) in their profits.

It' cheap: It has a P/E... lower than its annual dividend (9.5 and 9.8% respectively). They are profitable and have no problem (which is rare with "cheap" stocks).