:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-17-2021/t_052f266f567b4514b33528d29401a17f_name_180206_glaser_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-17-2021/t_69936c51d76341edbcf9ebac8c6c489e_name_180206_sonders_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-17-2021/t_ea6965facdc74edaa79d5978c077415b_name_180206_meats_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_268783e8763b479eb348ec8b87cc1385_name_180206_christine_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_83421c269be246bbb9a04d3ca8ef37f7_name_180205_wendel_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_0ee7c87bc0fe4c10a5ae5e9b616dfa1e_name_180204_twa_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_ee9642767e0441bcb324492ee19df433_name_t_fec11d83f0c54dfba6d5874c862eb85e_name_180118_hale_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-17-2021/t_5d4201987b824f1797a26318fe43ea1e_name_180202_glaser_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-17-2021/t_5b47c7af4f324a9ba6639622c3591896_name_180124_christine_rates_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_f7edf5b089dd4f46938dae3ea90775bd_name_180128_twa_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_a1caf49ec6a340c29a23653639f0ad21_name_180121_twa_225thumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_77f42590ff7e48bcaf9dfe74c89a5922_name_180114_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_07b5d1cfa78a4f7995ab0fe771086825_name_171231_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_98d84a75d7a64601ab39f05b9d17771a_name_171221_hale_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_226b5b8640c845e7a34579cec322cd5a_name_171207_christine1_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_431d38711eb646e9891cda99c9a64e7c_name_171207_christine2_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_d4ea3ee5682c4a4bbdccc1bb24d05c5a_name_171218_szapiro_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_904f2c1fee9e4d39b818e54bfd1d339f_name_171129_webcast_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_5c543935375e4a60bbbfc63c8e6baa63_name_171210_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_8252679feb2b4f16b47f99e61bb42468_name_171204_szapiro_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_b95b7c9fcecd44d9951cf0c86a9563b1_name_171203_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_40dee4e2fc1847c6a37c015c0793cd26_name_171128_johnson_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_9f2636df267040a0b40befea3680f107_name_171117_sjoblom_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_e9c215a7035d4fe9a1e4abbde57c9d94_name_171126_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_1fcac0105e044305a83e58dd21cb68a3_name_171116_hale_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_d76e54a0a0044e6bac6111f7ae4e13db_name_171119_twa_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-26-2021/t_562fc299e0834d54951c49165ee3eec5_name_171102_szapiro_largethumb.jpg)
:quality(80)/d10o6nnig0wrdw.cloudfront.net/11-16-2021/t_22d387c606244fdebb411f567d758897_name_171108_christine_largethumb.jpg)
Jeremy Glaser is a stock analyst covering hotel management companies and real estate investment trusts. He joined Morningstar in February 2006 after graduating with honors from the University of Chicago with a bachelor of arts in economics.
:quality(80)/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/96d7bd4e-92b9-4928-87ef-a13a06b394fa.jpg)
Jeremy Glaser
Jeremy Glaser is the Markets Editor for Morningstar.com.
More From Jeremy Glaser
Has the Sell-Off Created Opportunities?
Premium member exclusive: The market still doesn't look cheap as a whole, but we still see a few emerging pockets of value.
Morningstar's Take on the 4th Quarter
Stocks soared in the fourth quarter (and all of 2017) as corporate tax cuts became a reality. Plus, fund category and index return data.
United States