Las Vegas Is Back to Its Winning Ways

The recovery in Las Vegas is gaining steam, and after 6.4% growth in May and 4.3% growth over the past year, the gaming companies there have some room to breathe. MGM Resorts (NYSE: MGM  ) and Caesars Entertainment (NASDAQ: CZR  ) have the most to gain, but Wynn Resorts (NASDAQ: WYNN  ) and Las Vegas Sands (NYSE: LVS  ) will benefit as well. In the following video, gaming analyst Travis Hoium covers who will benefit the most from Las Vegas' growth and one stock to stay away from. 

Growth stock picks for you
If you're looking for more growth stocks Motley Fool co-founder David Gardner, founder of the world's No. 1 growth-stock newsletter, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, with you! It's a special 100% free report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains, and click here for instant access to a whole new game plan of stock picks to help power your portfolio.


Read/Post Comments (1) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 28, 2013, at 12:30 AM, JF125780 wrote:

    Well said Travis, LVS, WYNN & MGM should have a good year, Wynn will give a special dividend in December and LVS may also follow with another special dividend.

    Fortunately MGM has a 51% interest in Macau to help support their Las Vegas recovery.

    Danny Kowkabany

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2562862, ~/Articles/ArticleHandler.aspx, 9/18/2014 5:48:17 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement