Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of hotel-and-resort operator Gaylord Entertainment
So what: The stock was just downgraded to "hold" in tandem by analyst firms Baird, Jefferies, and FBR Capital. One firm cited valuation concerns and another pointed to a stalled turnaround effort.
Now what: While Gaylord's occupancy rates and average room prices flounder, Vegas hotels such as MGM Resorts
If Gaylord is a turnaround play in the making, the payoff looks very distant.
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