Josh Brown's Best Stocks in the Market: Hilton Worldwide

Investment Opportunity - Hilton shows potential breakout with a golden cross formation after climbing from a 24% drawdown [1] - Leisure, lodging, travel, and service sectors are performing strongly, with almost all names in the S&P above their 50-day moving average [2] - Hilton's last earnings report was strong, supporting the stock's performance [2][3] Financial Performance - Hilton reported 6% adjusted EBITDA growth [2] - Hilton's net income reached $300 million [2] - Hilton returned $927 million to shareholders during the quarter [2] Company Growth - Hilton's pipeline increased by 7% [2] Trading Strategy - Traders should watch for a trigger at the $270s level [3] - A convincing volume breakthrough at $270s would indicate a good setup [3] - The 200-day moving average, around $242-243, can be used as a risk management stop loss [3] - The stop loss should be moved up each week as long as the uptrend continues [3] Comparative Analysis - Marriott has a similar chart to Hilton, and both companies have good balance sheets [4]