VIP Industries looks good: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, for his stock recommendation, in a chat with ET Now talks about VIP Industries and the hotel space.

Are there any small cap recommendations from the hotel space?

If you take travel and hotels together, VIP Industries looks good with a 455-460 kind of stop. It can get back up to levels of 750.

Cox and King has probably hit some kind of a bottom. It could head back towards 455-460. But in smaller hotels, there is nothing specific out there because the peak season probably is ending around or end of March. The hotel stocks do the best if you buy them in October and hold them through March.