Historically, tumultuous times offer some of the best opportunities to buy stocks, and the market's recent mess surely qualifies. And though Chinese casino operator Melco Crown Entertainment
In our Motley Fool CAPS community, about 96% of the 1,293 investors rating the company are bullish, so there's no shortage of reasons why Melco Crown Entertainment will thrive, three of which I've highlighted below.
But here at The Motley Fool, we're all for looking at both the good and bad sides of an investment. Once you're done with this article, you can read the case against the stock, weigh in with your own comments below, or rate Melco Crown Entertainment yourself in CAPS.
1. Macau pure play
Many CAPS members think Melco Crown Entertainment is the best way to capture growth potential in the hot gaming destination of Macau. With China's growing middle class potentially bringing more business to Macau and with Melco seeing things taking shape at its massive new City of Dreams casino, some investors believe the company is sitting in a unique position to tap into a big, growing gaming business in the region.
2. Macau the new Las Vegas
3. Moving up the ranks
While MGM Resorts'
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Fool contributor Dave Mock can easily come up with three reasons why the rule about not having dessert before dinner is bunk. He owns no shares of companies mentioned here. Melco Crown Entertainment is a Global Gains recommendation. The Fool owns shares of Bally Technologies.
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