|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Baron Funds Comments on WYN
Posted by: guruhl (IP Logged)
Date: May 24, 2012 01:55PM
From Baron Funds' first quarter letter: Wyndham Worldwide Corp. (WYN) has continued to be a positive contributor to the Fund following its strong share price performance in 2011.The company is benefiting from growth in its franchise, timeshare, and vacation and rentals businesses. Management has continued to allocate capital prudently, utilizing its high free cash flow to buy back shares, retire debt, increase its dividend, and acquire companies.We believe valuation remains attractive.
Guru Discussed: Ron Baron: Current Portfolio, Stock Picks
Stocks Discussed: WYN,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.