By Robert Sutherland Smith | Wednesday 3 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As a value investment the InterContinental Hotel Group (IHG) looks hugely overpriced. Understanding the reasons for that and viewing the shares from a ‘momentum’ perspective the shares look attractive.
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