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This growing cash machine is hidden in plain sight.
Spending on entertainment and travel has exploded post-pandemic and Las Vegas has been one of the beneficiaries. That's made MGM Resorts (MGM -2.58%) into a cash-flow machine, but it's just getting started with Macao's recovery on an upswing and a resort in Japan under construction. In this video, Travis Hoium shows why this is a very undervalued stock.
*Stock prices used were end-of-day prices of Feb. 2, 2024. The video was published on Feb. 5, 2024.
Travis Hoium has positions in MGM Resorts International. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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