+ Watch MGM
on My Watchlist
One of the world’s largest gaming companies, MGM runs casinos including MGM Grand, Bellagio, and The Mirage.
Nice sector and yert not got momentum as LVS
Vegas is rebouding from 2008 and MGM has sold off and paid down debt from City Center construction and repositioning themself in a strong position again. Best place to see a fight too.
The Vegas valley has passed rock bottom. MGM's stock peaked at over $90 5 years ago. The climb back up has started.
Macau Casino Business
Owns trophy properties and is in a great industry.
MGM can outperform because its cash flow in casino sector is good.
Online Poker and Online Gaming is COMING to the US eventually...This means BIG revenues for MGM....
Way out in front in the race for establishing a legitimate US online poker site. Customers who use their software will earn comp points for MGM properties. Sounds like good synergy to me.Online poker to return in 7-10 months.http://www.cardplayer.com/poker-news/13292-nevada-online-poker-in-7-10-months-regulator-says
Low PE Ratio...Vegas will bounce back
the stocks is low now but it will increase dramaticly sooner or later its just having a down time right now.
psr and price to book are solid, not great. This is a play on expected future growth. Wouldn't be surprised to see this one in the mid 15's by the year's end.
Extremely cheap, may be late to party in Asia but due to low P/E, out of the three big boys in Las Vegas, it is the company that has the most future growth potential.
Good company... more chance to move up than down
Legalization of online poker inevitable
After the economy picks up and workers are back, they will once again go and spend.
This is a win in the short-term. Vegas is doing great this year, especially MGM.
stock dropped from 16 to 9 in about a month and became badly oversold. Stochastic oscillator recently generated a buy signal. Has exposure to Macau and with gasoline prices likely to drop Las Vegas revenues should increase. Short interest dropped dramatically and the squeeze should continue.
If Kirk Kerkorian is selling that will most likely mean a rise in stock price in the next 1-3 years, as has been the case with some of Tracinda's stock sales in the past
There's just too much debt here. Interest payments will eat up any earnings for the foreseeable future. I would buy their bonds, since the company has positive free cash flow.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions