H World Group (HTHT) Jumps on Impressive Earnings, Outlook

We recently published 10 Big Names With Surprising Gains. H World Group Ltd. (NASDAQ:HTHT) is one of Wednesday’s best performers.

Shares of H World Group grew by 5.43 percent on Wednesday to close at $35.16 apiece as investors were impressed by its earnings performance and growth outlook for the current quarter.

In the second quarter, attributable net income increased by 45 percent to 1.5 billion yuan from 1.067 billion yuan in the same period last year, on the back of a strong performance from Legacy-Huazhu. Total revenues grew by 4 percent to 6.4 billion yuan from 6.148 billion yuan year-on-year, near the high-end guidance of 1 to 5 percent revenue growth target.

As of June 30, H World Group Ltd.’s (NASDAQ:HTHT) worldwide hotel network ended at 12,137 with rooms totaling 1.18 million. Of the total, 12,016 hotels were under Legacy-Huazhu.

Looking ahead, H World Group Ltd. (NASDAQ:HTHT) said it expects revenues in the third quarter of the year to grow by 2 to 6 percent.

While we acknowledge the potential of HTHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.