The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith and editor/analyst Isaac Pino discuss topics across the investing world.
IPOs are exciting, but they can also be wealth-destroying. The gaming space has attracted a lot of attention lately with its impressive returns over the past few years. With growth in Macau slowing -- from ridiculous expansion to still amazing but less ridiculous-- many investors are looking at other opportunities.You may be tempted to pick up shares of this hot gaming IPO in that hunt, but Austin is seriously worried about the balance sheet this company brings to the table. In his opinion, there are far better plays out there. Look to companies like Wynn Resorts
Austin Smith has no positions in the stocks mentioned above. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. 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 Motley Fool has a disclosure policy.