Wednesday, December 3, 2008

Wall Street Wednesday: Lasalle Hotel Properties (LHO)

Updates: Percentage Gains on Previous Picks (assuming they were purchased on the date I recommended them)

FDO: 4.52%
BRO: 3.26%
LFL: (2.40%)

Lasalle Hotel Properties, like many other companies in the Real Estate Operations industry, has taken a beating in the past 6 months. However, out of all the Real Estate companies I am following, LHO has one of the highest earnings per share. For this reason I think that now may be a good time to invest in this REIT (Real Estate Investment Trust). With hotels spread throughout the United States, I think it will survive the latest beatings the industry has taken. Watch for a steady, monthly dividend from this company.

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