Cut from J Cramer article
Casino Stocks Have Been A Gamble: Las Vegas Sands (LVS), Wynn Resorts (WYNN), Melco Crown Entertainment (MPEL), MGM Resorts International (MGM). Other stocks mentioned: American Airlines (AAL), Spirit Airlines (SAVE), Delta Air Lines (DAL), Disney (DIS)
Las Vegas has stopped being the gambling capital of the world, and now it is Macau. In the last few months, Macau-oriented casino stocks have been hammered. Las Vegas Sands (LVS), Wynn Resorts (WYNN) and Melco Crown Entertainment (MPEL) have fallen 14%, 18% and 27%, respectively, since March. This is a legitimate sell-off, said Cramer, because gambling has been declining in Macau. The Chinese have been clamping down on inflation and on consumption. In addition, the government has cut down on traveling visas from Mainland to Macau. However, it might be worth buying these stocks because this bad news is priced in.
Cramer still believes in Macau as a long-term growth story. His new favorite Macau play is MGM Resorts International (MGM); it has 50% Macau exposure and 50% exposure to Las Vegas, which is coming back. For a pure play on Macau, Cramer would buy LVS, which has more exposure to regular gamblers and less to VIP players. The company yields 2.7% and has plenty of cash. Cramer would stay on the sidelines of WYNN, since it gets half of its revenues from VIPs and is being investigated over a controversial land deal. Cramer likes WYNN's management, but he would stay away for now.
thanks for the support I only got a tiny position--I may sell some AT&T Monday to get a bigger position;
here is what I found: Fidelity rate is 7.6 out of ten a High score for them, MSN Score of 10; IBD gives it a 95 and says the big boys are accumulating it- I like there financial also and they are NOT in the retail REIT market:
Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe
How about give speeches for $200,000-$250,000 a pop--Like Hillary--wish I had that going for me?? Yes?
HELLO to all: FIDELITY score:7.6 MSN 7 IBD 95 and pay 8.3% comments please: Sarge see article below
As of noon trading, Starwood Property (STWD) is up $0.21 (0.9%) to $23.26 on average volume. Thus far, 895,943 shares of Starwood Property exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $23.10-$23.38 after having opened the day at $23.11 as compared to the previous trading day's close of $23.05.
Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe. Starwood Property has a market cap of $5.1 billion and is part of the financial sector. Shares are down 16.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Starwood Property a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates Starwood Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
hello at ya
I own TCAP at $28.41 and TWO, TICC BX
I was trying for PSEC but some one is accumulating it as it popping,,,,,
any reason for the pull back that you know of?
Wow well said on GLNG
I missed the boat on buying! Seems way late now.
K Finerman said she would not buy GLNG now. to expensive
I Dunno So I bought some EPB as Georgia is doing a build out for LNG..
I do Own NMM and it has held up in this market correction
I sold my banks, so I have some cash Looking at COP and PSEC for a buy
Have a great weekend
Gambler SDRL is not that bad
do not know MEMP is there a catalyst
You the man
thanks in advance
Oh nice try onSFL MB for clean up the messages....
TCAP is down .37 cents
TOW AUY are green and mean ---I like green it means ARMY --strong LOL
Trying to by some COP--Looking good conglomerate
I wrote a Message and it is gone-so I try again
Plz refrain form political or social or personal agendas
We have tried for so long to be clean --here
Mark Stagg Gambler, Bayman Keebon and numerous others who are all wiser than I but they support a clean machine!
Once we go down the road of personal stuff we get like all the other message boards that are awful
Just my .02cents
Good calls no margin can be a very good thing!! I use it -but it is dangerous!
As for PSEC I to sold it last month at a loss as it was sucking eggs
I like TCAP and TICC TWO better--but PSEC pays monthly--Good for you
SFL seem week this week Showing $17.75 premarket. I bought some Tues for $18 I thought it was a bargain
I may buy COP today!1 It is going up like gang busters and it is a solid
conglomerate with over 4% divi and they may raise it soon!
Hey guys just saying that
AUY, GGN FCX are a rocking for I am minting money with FCX+++++
Thoughts; CNBC seems to think that China is buying gold again
All I know is that it is going up in price
Sold my silver play as I got scared out of it yesterday
On a personal Note Why the sell off in SFL I got some at $18 yesterday My Bad
Very best to all --Sarge
Stagg Is the corn and Soybeans doing great UAN has show a pop
I want to make sure that you know that I appreciate your support--I do
In these crazy days it is hard to keep your focus on your friends! Thanks for having my back
Bayman, GURU How are you faring with the 2 days sell off--I got a $4000 drop in portfolio value.
Best to all
Sentiment: Strong Buy
What is not to like
recovery time--I hope that you all held???
Bob, Stagg and many others Thanks for your support for SDRL and this positive message Board
Best to all
The $650 million conversion option is what the market reacted to as well at a conversion price of $27.69 with converted shares of 23.5 million shares and additional annual dividend burden of $94 million at present dividend rate. This is a costly move unless Seadrill plans a dividend cut which I strongly suspect. That is why the shares retreated today. This is also a sign that commercial facility financing has dried up and the short window for conversion.
Just saying lots of promise--but the delivery it simply not good