As 2011 comes to a close, it's a great time to look back at what happened to the stocks that interest you. By making sure you know the important things that a company accomplished -- as well as the setbacks it experienced -- you can make a better decision about whether it's a smart investment for your portfolio.
Today, let's take a look at MGM Resorts
Stats on MGM Resorts
|Year-to-Date Stock Return||(29.8%)|
|Market Cap||$5.09 billion|
|Total Revenue, Trailing 12 Months||$6.99 billion|
|Net Profit, Trailing 12 Months||$3.09 billion|
|1-Year Revenue Growth||15.9%|
|Cash / Debt||$1.97 billion / $13.5 billion|
|CAPS Rating (out of 5)||***|
Sources: S&P Capital IQ; Motley Fool CAPS.
How did MGM Resorts do this year?
MGM's 2011 left its shareholders feeling like the biggest losers. The company faces several challenges that left its shares in the dust behind some of its competitors.
The first problem MGM faces is that it's largely centered in Las Vegas, which has become the has-been of the gaming world. With rivals Las Vegas Sands
The other big problem is MGM's debt. At nearly twice its annual revenue, that debt will prove problematic to service even if a full rebound surfaces.
In recent days, though, prospects of legalizing online poker have boosted MGM shares. MGM and Boyd Gaming
All in all, MGM doesn't look like the best bet in the world. We've got another stock we like better, and although we can't promise you a sure thing, you'll definitely want to take a closer look. Check out the Motley Fool's latest special report to discover our top stock pick for 2012. It's free but it won't be available for long, so get your copy now.
Click here to add MGM Resorts to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.