Melco Crown (NASDAQ:MLCO) has two exciting resorts under construction, but investors have bid up shares to the point where the company needs to execute flawlessly. But there are a lot of questions that need to be answered before it can live up to expectations. Analyst Travis Hoium explains what exactly needs to go right, and if Melco Crown is a buy right now.
Fool contributor Travis Hoium manages an account that owns shares of Wynn Resorts, Limited. The Motley Fool has no position in any of the stocks mentioned. 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.
More from The Motley Fool
Better Buy: Himax Technologies (HIMX) vs. Qualcomm (QCOM)
Will the Taiwanese underdog outperform the world’s top mobile chipmaker again?
Strong Demand, Tax Reform Drive UnitedHealth Profits Higher
Learn how much in tax savings the health insurer will reap.
Will 2018 Be Wheaton Precious Metals Corp's Best Year Yet?
Predicting the future is hard, but Wheaton Precious Metals looks like it has built-in growth that will play out in 2018 and beyond.