[photopress:homeinns_and_hotels.jpg,full,alignright]Motley Fool, who writes about the values of stocks and shares calls it a stock with a view. Home Inns & Hotels has served its investors well since going public five months ago at $13.80 a pop. The stock has nearly tripled since then, and we can turn to Home Inns’ fourth-quarter earnings report to help shed some light on the reasons for the heady gains.
Revenue soared 81% to hit $22.9 million. Earnings per share came in at $0.02 per share. Over the past year, Home Inns has grown from 68 to 134 locations, with another 48 inns currently in development. That grants the company the luxury to project an impressive 60% to 70% top-line spurt here in 2007.