As we approach the halfway point for 2012, now's a good time to look back at what's happening with 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 Las Vegas Sands
Stats on Las Vegas Sands
|2012 YTD Return||1.6%|
|Market Capitalization||$32.7 billion|
|Revenue, Most Recent Quarter||$2.76 billion|
|Year-Over-Year Revenue Growth, Most Recent Quarter||30.8%|
|Net Income, Most Recent Quarter||$499 million|
|Year-Over-Year Net Income Growth, Most Recent Quarter||72.5%|
|CAPS Rating (out of 5)||***|
Source: S&P Capital IQ, company reports.
What's going on with Las Vegas Sands this year?
Las Vegas Sands has a long history that goes back almost to the founding of the Vegas Strip. But the original Sands Hotel is long gone, and the company has moved on to seek riches around the world. As a pioneer of the gambling center of Macau, Las Vegas Sands paved the way to huge growth that Vegas competitors Wynn Resorts
Now, Las Vegas Sands is still trying to expand. Its venture in Singapore has gone well, and CEO Sheldon Adelson hopes to create his EuroVegas project in Spain that would help unify European casino patrons. Such a project would cost $35 billion but could go a long way toward diversifying the company's exposure, with the side effect of boosting the ailing Spanish economy in the process.
The problem recently has been the threat of an Asian slowdown. If Chinese growth does in fact slow, it could hit Macau, which has been the growth driver for the company. That's a big part of why shares haven't moved much this year, but if the economy in Asia doesn't turn out as badly as many fear, then it could make Las Vegas Sands a winning bet.
Las Vegas Sands has good odds in the long run, but it's not a sure bet. To get some other promising stock ideas, let me invite you to learn about three smart long-term stock plays in the Fool's latest special report. It's yours for the taking and is absolutely free, but don't miss out -- click here and read it today.
Click here to add Las Vegas Sands 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.
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