What to Take From Gaming Earnings

Most of the major U.S.-traded gaming companies have reported earnings, and there are some big trends investors need to keep an eye on. 

Cotai continues to be a boon in Macau, and Las Vegas Sands (NYSE: LVS  ) and Melco Crown (NASDAQ: MPEL  ) are cash cows there. But the surprise was the strength from Wynn Resorts (NASDAQ: WYNN  ) , which gained share despite being on the Macau Peninsula, and it's a good sign as it builds a resort on Cotai. 

In Las Vegas, MGM Resorts (NYSE: MGM  ) has become the hottest stock in gaming recently, partly because it's leveraging growth in both Macau and Las Vegas. 

Gaming analyst Travis Hoium covers these trends and what you should take from them in the following video. 

Find more great growth stocks
Gaming stocks have been great growth investments for years and we're here with more picks for you. David Gardner has proved the ability to pick top growth stocks with returns like 926%, 2,239%, and 4,371%. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.


Read/Post Comments (0) | Recommend This Article (0)

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.

Be the first one to comment on this article.

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: 2865764, ~/Articles/ArticleHandler.aspx, 10/24/2014 3:23:50 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