12 Best Depressed Stocks to Invest in Now

7) Vail Resorts, Inc. (NYSE:MTN)

52-week Low: $165

Price as of 24 January: $166.7

Number of Hedge Fund Holders: 38

Vail Resorts, Inc. (NYSE:MTN) operates mountain resorts and regional ski areas. The company’s stock was pressured in recent weeks as a result of a labor dispute. The company was seen grappling with an ongoing ski patrol strike at its Park City Mountain location. The Park City Professional Ski Patrol Association was pushing for improvement in wages and working conditions. However, Shaun Kelley, an analyst from Bank of America Securities, reiterated a “Hold” rating on Vail Resorts, Inc. (NYSE:MTN)’s shares. The associated price target was $200.00.

The company reported certain ski season metrics for the comparative periods from the beginning of the ski season through January 5, 2025, and for the prior year period through January 7, 2024. As per Shaun Kelley, Vail Resorts, Inc. (NYSE:MTN)’s early season metrics were largely in line with expectations, with visitation marginally down by 0.3% YoY. However, lift ticket revenues rose by 4.5%, courtesy of season pass sales. Despite some weakness in the visitation at destination resorts, healthy local conditions and favorable performance in the Northeast supported balancing these results.

For the remainder of the season, Vail Resorts, Inc. (NYSE:MTN) expects an improvement in performance as compared to the season-to-date period given the significant base of pre-committed guests, current lodging booking trends, and historical guest behavior patterns. Furthermore, the company’s strategic scalability and pricing power are expected to provide support. Vail Resorts, Inc. (NYSE:MTN)’s irreplaceable assets help in building significant competitive advantages in an industry having high barriers to entry.