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Despite near-term economic worries, this could be an interesting rebound play.
Xenia Hotels & Resorts (XHR 7.00%) hasn't exactly been the best performer recently, and it's easy to see why. It owns a portfolio of luxury hotels, and these could take a hit in a recession. But with much of the bad news priced in, this could be a great opportunity for patient investors.
*Stock prices used were the midday prices of June 1, 2023. The video was published on June 2, 2023.
Matthew Frankel, CFP® has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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