June 28, 2012
In the following video, consumer goods editor and analyst Austin Smith encourages investors to look at shares of Las Vegas Sands today (NYSE: LVS ) . The gaming space has fallen hard recently as concerns about slowing growth in China and continued weakness across the world have investors worried about whether this sector still has room to run. The reality is that the recent drop in share price has been disproportionately large compared to the diminished growth for these companies. Many of the internationally focused operators still see incredible top- and bottom-line growth, and now have sharply lower multiples than just a few months ago. Las Vegas Sands also has the cash cow -- Singapore-based Marina Bay Sands casino -- as well as the freshest casino in Macau. To top it all off, it has a respectable dividend to boot.
Buying up internationally minded high-growth stocks that also pay a dividend is a recipe for retiring rich. But if you're still wary about slowing Macau growth, you can read up on some other high-quality dividend stocks we think will perform well over the long run. Check out The Motley Fool's free report, "Secure Your Future With 9 Rock-Solid Dividend Stocks." It's free. Just click here to read more.