Inside Wall Street: Finding Comfort at a Reinvigorated Wyndham


When shares of Wyndham Worldwide (WYN) plummeted to $2.77 on Mar. 6, 2009 from around $10 in early January last year, plenty of investors worried that the large global hospitality company may be on the brink. They were wrong. The stock has since rocketed to $21 in spite of the company's major exposure to the moribund hotel and time-share lodging businesses, which got slammed during the recession. Now several pros believe Wyndham will hit $32 in 12 months. It traded as high as $25 in 2008.