Las Vegas Sands Corp. (NYSE:LVS)

CAPS Rating: 3 out of 5

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.

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Player Avatar TMFDeej (99.41) Submitted: 12/19/2012 9:00:13 PM : Outperform Start Price: $45.85 LVS Score: +26.22

His idea idea comes from a bullish write-up on Las Vegas Sands (LVS). The author of this piece believes that shares of LVS are seriously undervalued, not because of its casino operations, but because of its valuable real estate. The author contends that if LVS were to split up into a mall REIT, a lodging REIT and a casino operator (somewhat similar to what Penn National Gaming is proposing) that its stock, whcih sits at $43 today, would be worth $85.He goes even further saying that in 5 years, mainly as a result of growth in Asia, the stock could be worth $170.Now I don't know about the latter part, but the undervalued realestate and potential conversion into a REIT are certainly intriguing.Double Your Money on the Real Estate of Sheldon Adelson's Empirehttp://www.hedgefundintelligence.com/Article/3132569/AbsoluteReturn-News/Double-your-money-on-the-real-estate-of-Sheldon-Adelsons-empire.html

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