Thursday, April 17, 2014

Las Vegas Sands (NYSE: LVS) Buying the Dip Could Mean 25% Returns

There's nothing like doing a little boots-on-the-ground research on one of the stocks you like. So in the spirit of shoe-leather, detective-style research, I decided to assume the treacherous burden of a little midweek trip to U.S. gambling mecca Las Vegas, and particularly to properties owned by Las Vegas Sands (NYSE: LVS).
The developer of casino gaming resorts in the Nevada desert -- and more importantly to its fiscal health, in the island nation of Macau -- has two premier properties on the Las Vegas Strip: The Venetian and The Palazzo. In fact, earlier today I contributed to the Palazzo's revenue by losing an undisclosed amount at the baccarat table.  (more)


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