Las Vegas Sands Corp. (NYSE:LVS)
CAPS Rating:
Las Vegas Sands owns the Venetian and the Palazzo casinos on the Strip, along with the Sands Expo convention center in Vegas and Sands Macao.
Las Vegas Sands owns the Venetian and the Palazzo casinos on the Strip, along with the Sands Expo convention center in Vegas and Sands Macao.
Recs
Too much debt, neg. profit mgn.
oh no no no...buy as much as you can...20.00 soon....top.
Ok, so you clearly know what you're talking about, i mean just look at the rating. I agree things look terrible in vegas right now. I mean just miserable. But forget debt, profit, all that stuff and look at the 5 year chart. This is the ULTIMATE buy low! They were up at $140 a share just a year or two ago!!! Now they have flattened out (albeit at a very low price) but just think, do you really see them going much lower?
Look i'm just playing pot odds here: over the long term, what's the highest percent this stock can lose? 100%, in theory. What's the most i could gain? 1400% (at least based on the previous price which it could totally just not recover to, but in any case, you see my point). So i'll take my 14-1 pot odds on this pick, sit back and wait 5 years and look back with a smile.