On CNBC’s “Fast Money Halftime Report,” Josh Brown said the analyst note he is looking at basically puts Kanye’s value to Gap Inc (NYSE:GPS) at about $3.8 billion. So that would put the stock $10 higher, he added. Brown finds that reasonable, but he warned that we don’t know how damaged Kanye’s brand is, post-Kardashian split up and post going to the White House and building up a model plane for Trump.
Jenny Harrington said Marriott International Inc (NASDAQ:MAR) has increased rooms by 10% over the past couple of years. It has also slashed costs last year, integrated Starwood and kept its debt flat. Its earnings per share could reach $10 per share by 2023, which puts the stock at 14 times multiple.
Harrington would be careful of lumping Delta Air Lines, Inc. (NYSE:DAL) together with Marriott because Delta increased its long-term debt from $8 billion to $27 billion. She expects both stocks to break out on the upside as their second and third quarter numbers come out.
