LVS - Las Vegas Sands Corp.
55.13 0.00 (0.00%)
After hours: 4:44PM EDT
| Previous Close | 55.11 |
| Open | 55.53 |
| Bid | 55.07 x 1000 |
| Ask | 55.60 x 1200 |
| Day's Range | 54.60 - 55.65 |
| 52 Week Range | 47.39 - 69.60 |
| Volume | 2,293,358 |
| Avg. Volume | 4,303,433 |
| Market Cap | 42.438B |
| Beta (3Y Monthly) | 1.24 |
| PE Ratio (TTM) | 22.21 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.08 (5.59%) |
| Ex-Dividend Date | 2019-09-17 |
| 1y Target Est | N/A |
- Yahoo Finance Video
Casinos sink on business connections to Macau in China
The trade war also hitting casinos. Wynn, Las Vegas Sands and MGM all sliding on their business reliance in the Macau peninsula in China. This as the casinos are looking to combat decreases in revenue because of the ongoing Hong Kong protests. Yahoo Finance's Heidi Chung breaks it down with Alexis Christoforous.
- Reuters
Don't 'mess up Macau': gambling hub set to choose Beijing-backed leader
The Chinese territory of Macau is set to elect as leader the only candidate for which it is allowed to vote: a Beijing-backed former legislator who is expected to cement China's control over the special administrative region and distance it from escalating protests in neighbouring Hong Kong. The 62-year-old's highly scripted appointment comes as the former Portuguese colony tries to position itself as a beacon of stability and model for the Chinese government's "one country, two systems" formula through which Beijing administers Macau and Hong Kong. "Many people expressed they do not want to mess up Macau," Ho told local media this week, explaining that he had heard much opposition to the protests that have plunged Hong Kong into its deepest political crisis since its handover to Beijing in 1997.
- Barrons.com
Las Vegas Sands Stock Lags Over Weak Macau Business, Analyst Says
Las Vegas Sands (ticker: LVS) is up just over 5% so far this year, compared with a more than 16% rise for the S&P 500 and double-digit gains for peers (WYNN) (WYNN) and (MGM) (MGM). The company’s earnings have been hit or miss this year, but a major concern for investors is the ongoing trade war and what that might mean for China’s economy. The Chinese gambling hub of Macau has recovered from some of its worst declines, but plenty of investors are still nervous that it could take another hit if tariffs escalate and curb gamblers’ appetites.
- Zacks
Penn National Gaming to Launch Sports Betting in Indiana
Penn National Gaming (PENN) is likely to start offering sports betting at Ameristar Casino East Chicago.
- TheStreet.com
Gaming Stocks Get Boost From Bullish J.P. Morgan Note on Macau
J.P. Morgan doesn't believe that the Hong Kong protests will have much of an effect on gaming revenue in Macau.
- Kiplinger
13 High-Yield Dividend Stocks to Watch
High-yield dividend stocks have gained even more allure lately in the face of shrinking bond yields. However, while a handful are ready buys right now, several more sport alluring yields - at least 5%, and up into the double digits - but need a little more time to simmer before it's time to dip in.Patience is a virtue in life. That's particularly true in the investing world. It's even true across investing disciplines. Sober value investors wait for their price before buying, but disciplined market technicians also know to wait for the proper setup before trading.Sometimes, you need to wait for a fundamental catalyst to make your trade worth making. Other times, it's simply a matter of waiting for the right price. But the key is having the self-control to wait for your moment. Lack of patience can be a portfolio killer."We tell our clients during the onboarding process that we won't be investing their entire portfolio on day one," explains Chase Robertson, Managing Partner of Houston-based RIA Robertson Wealth Management. "We tend to average into our portfolios over time as market conditions warrant, and we're not opposed to having large cash positions. Our clients thank us in the end."Today, we're going to look at 13 high-yield dividend stocks to keep on your watch list. All are stocks yielding over 5% that you probably could buy today, but all have their own unique quirks that might make it more prudent to watch them a little longer rather than jump in with both feet. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
- Zacks
Wynn Resorts Banks on Solid Macau & Las Vegas Performance
Wynn Resorts' (WYNN) focus on non-gaming business and strength in domestic market bode well.
- InvestorPlace
5 Stocks to Avoid Amid the Ongoing Trade War
Thanks to the trade war, numerous S&P 500 stocks could arguably deserve a place on a "stocks to avoid" list. Over the last few years, much of the growth in the most-established United States equities has come from China. With almost four times the population as the U.S., many saw the country's potential when it began to turn away from communist doctrine.Now, many of these have become stocks to avoid in today's market. With a trade war that has lasted more than 18 months, many equities have sold off due to dimming earnings prospects. * 15 Growth Stocks to Buy for the Long Haul However, investors should also remember that China has built its emergence in large part on the American consumer. Their need for access to U.S. markets should lead to an eventual trade deal.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut until the U.S. and China sign such an agreement, the following companies should remain stocks to avoid. Stock to Avoid: 3M (MMM)Source: Shutterstock As an applied science and manufacturing powerhouse, 3M's (NYSE:MMM) dependence on China should not surprise anyone. In 2018, 31.3% of the company's revenues came from the Asia-Pacific region, of which China is a dominate influence. It comes as somewhat of a shock that in what many consider the "century of Asia," revenues from that region have fallen over the last year, helping to make MMM stock one of these five stocks to avoid.Moreover, the firm once known as Minnesota Mining and Manufacturing Company faces issues of its own. It remains a conglomerate in an era when such business groupings make less sense. Also, although it continues to innovate, e-commerce has made it easier for small companies to invent competing products and bring them to market.MMM stock has lost 37% of its value since the trade war began. Despite this loss, investors will likely not rush in at a forward price-to-earnings ratio of almost 16. Nor will they want to buy 3M stock with a predicted long-term growth average of 3.4%. They might react to the dividend yield that has moved near 3.5%. However, with a payout ratio above 56%, even the dividend faces some dangers.While investors should not write this company off, MMM's profit growth will struggle to gain traction without help from Chinese consumers and businesses. General Motors (GM)Source: Shutterstock Arguably, all U.S. car companies could make the stocks to avoid list due to the trade war alone. However, General Motors (NYSE:GM) likely faces the most pain. GM stock has seen little price growth since it resumed trading in 2010. In 2018, GM sold almost 700,000 more vehicles in China than in the U.S.GM has long faced struggles with sales growth in other regions. This includes North America, where it would struggle to earn a profit it not for strong truck and SUV sales. Hence, General Motors' overall sales growth depends on China. Due to tariffs, investors do not seem optimistic that this growth will materialize.On the surface, GM stock looks like a bargain. It trades at around six times forward earnings and its dividend yields almost 4%. Still, with no average profit growth expected over the next five years, investors should see little reason to buy. * 7 Safe Dividend Stocks for Investors to Buy Right Now Even without tariffs, GM and its peers would struggle in China amid intense competition. However, GM's P/E ratio likely prices in these troubles. If it can escape the tariffs, GM stock may finally sustain a move higher. Still, with the specter of these import duties, GM will remain cheap for a reason. Las Vegas Sands (LVS)Source: Shutterstock Despite the company name, the growth of Las Vegas Sands (NYSE:LVS) depends on mainland China. Five of the company's nine casinos operate in Macao, a special administrative region of China.Because China has banned gambling outside of Macao, the company's significant presence in this region would seemingly guarantee LVS stock billions in revenue. However, as the Chinese spend less amid the tariffs, they have also gambled less in Macao's casinos.This has devastated LVS stock. Las Vegas Sands peaked at over $81 per share in June 2018. Thanks to reduced revenue related to the tariffs, the stock has fallen by more than 35% to the $52 per share range. Over the last year, it has tested the high-$40's per share range more than once only to bounce back.That said, LVS maintains a forward P/E of about 15.6, and analysts expect meager long-term growth. This does not make Las Vegas Sands cheap. Still, a trade deal, or even the hint of one, could take it off of the stocks to avoid list. As late as July, LVS stock traded in the mid-$60's per share range simply due to the earlier optimism of a trade agreement. Unless such confidence leads to an actual deal, investors should stay away. Qualcomm (QCOM)Source: Shutterstock By most measures, Qualcomm (NASDAQ:QCOM) stock should not find itself on a stocks to avoid list. The world's smartphones depend on its chipsets to operate. The U.S. Department of Justice recently filed an amicus brief asking that Qualcomm be granted reprieve in a ruling that labeled the company a monopoly. These chipsets will help lead the 5G revolution, and even Chinese smartphone users cannot afford for tariffs to block Qualcomm's technology.Moreover, QCOM stock trades at a low valuation given its growth prospects. The forward P/E ratio is close to 16.7 as of the time of this writing. However, this buys average annual growth of an estimated 27.03% per year over the next five years.Still, the company depends on China for about two-thirds of Qualcomm's revenue. Despite its headquarters in San Diego, this makes the company a de facto Chinese equity. If tariffs further hurt QCOM stock, it will struggle to meet analyst growth targets. Even a resolution with the government or a better-than-expected 5G rollout may not save Qualcomm stock in that instance. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Qualcomm will wield tremendous power as 5G rolls out. For this reason alone, I would recommend buying QCOM stock in most cases. However, without a resolution to the trade dispute, stockholders will struggle to benefit from the 5G technological revolution. Starbucks (SBUX)Source: Shutterstock Strangely, Starbucks (NASDAQ:SBUX) stock has become one of the stocks to avoid due to the company's success. SBUX stock has risen by more than 80% over the last year. It also increased following its latest earnings report as comparable-store sales across the world rose by 6%.Still, saturation in both the U.S. and Canada has forced the company to look abroad for growth. Over the last few years, it has made expansion across China a primary growth goal. As of January, the company had established 3,684 stores in China, its second-highest store count behind the U.S.Moreover, Starbucks faces an emerging competitor in Luckin Coffee (NASDAQ:LK). Luckin has existed for less than two years. However, the Beijing-based coffee house opens a new store every 15 hours on average. Such a threat would constitute a challenge to Starbucks under the best of circumstances. However, a brutal tariff war could further undermine the Seattle-based coffee chain.China has helped keep earnings increases for Starbucks in the double digits. However, one has to question if investors will continue to pay more than 30 times forward earnings should the trade war end the growth of Starbucks China. This uncertainty, coupled with the multiple, should make SBUX one of the stocks to avoid.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post 5 Stocks to Avoid Amid the Ongoing Trade War appeared first on InvestorPlace.
Motley Fool5 Reasons Las Vegas Sands Holds a Losing Hand
The house will struggle to win as the trade war and protests batter its core market.
- InvestorPlace
4 Big Dividend Stocks to Buy Now
United States equities are catching a break Tuesday after President Donald Trump blinked and ordered the new 10% tariff on all remaining Chinese imports be delayed to December on certain high-profile items like cell phones and computer monitors. Yes folks, that means Apple (NASDAQ:AAPL) iPhone prices are safe -- for now.Ostensibly, this was done to ensure that measured inflation averages don't rise. This keeps the pressure on the Federal Reserve to consider further interest rate cuts to weaken the dollar and sends stocks higher. * 7 Safe Dividend Stocks for Investors to Buy Right Now That's resulting in a big relief bid in the market, bolstering a number of defensive high-dividend stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere are four worth a look right now: Dividend Stock to Buy: Philip Morris International (PM)Shares of Philip Morris International (NYSE:PM) were recently upgraded by Barclays analysts who are looking for a $100-per-share price target. While the company has been hurt by the rise of JUUL and other vaping competitors, it is responding with its own smoke-free products such as Marlboro's IQOS and HEETs. PM stock is enjoying a bounce off of its 50-day and 200-day moving averages.The company will next report results Oct. 17 before the bell. Analysts are looking for earnings of $1.37 per share on revenues of roughly $7.7 billion. When the company last reported July 18, earnings of $1.46 per share beat estimates by 13 cents on a 0.3% decline in revenues. The company pays a 5.5% dividend. Altria Group (MO)Altria Group (NYSE:MO) is the parent company of Philip Morris USA and Philip Morris International, the latter of which was spun off in 2008. That move freed Altria of Philip Morris USA's legal and regulatory constraints.MO stock is currently trading near the $46 per-share level, capping a long decline that started in early April. Altria stock has seen a roughly 18% loss from there. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What MO stock pays a near 7% dividend yield. Shares were recently upgraded by Goldman Sachs analysts from neutral to buy, with a $59 price target assigned. The company will next report results Oct. 31 before the bell. Analysts are looking for earnings of $1.14 per share on revenues of $5.3 billion. When the company last reported on July 30, earnings of $1.10 per share matched estimates on a 6.4% rise in revenues. Las Vegas Sands (LVS)Shares of casino operator Las Vegas Sands (NYSE:LVS) are finding their legs near the stock's early June lows around $52, setting up a rally to challenge its 50-day and 200-day moving averages and possibly push LVS stock back towards prior highs in the mid-$60s. Such a move would be worth a gain of around 20% from here.The company will next report results Oct. 23 after the close. Analysts are looking for earnings of 77 cents per share on revenues of $3.3 billion. When the company last reported July 24, earnings of 72 cents per share missed estimates by 7 cents on a 0.9% rise in revenues. The company pays a 5.7% dividend yield. Ford Motor Company (F)Ford Motor Company (NYSE:F) shares are basing near their 200-day moving average, setting up a rally to retest prior highs near $10.25 on the expectation that further interest rate cuts will boost auto affordability and thus demand. The company pays a 6.5% dividend yield.Ford will next report results Oct. 23 after the close. Analysts are looking for earnings of 27 cents per share on revenues of $34.4 billion. When the company last reported July 24, earnings of 28 cents per share missed estimates by 3 cents on a 0.4% rise in revenues.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 4 Big Dividend Stocks to Buy Now appeared first on InvestorPlace.
- Zacks
Las Vegas Sands Down 17% in 3 Months: Will it Bounce Back?
Las Vegas Sands' (LVS) dismal price performance can be attributed to the trade war between Beijing and Washington, and lower-than-expected second-quarter 2019 results.
- Reuters
Macau's casinos count cost of Hong Kong's escalating protests
Growing protests in the Asian financial centre of Hong Kong are weighing on the neighbouring Chinese territory of Macau as some visitors steer clear of the world's biggest gambling hub, worried over transport disruptions and safety concerns. Hong Kong, a former British colony, has suffered a wave of sometimes violent protests since June as initial opposition to a now-suspended extradition law evolved into a direct challenge to the government and calls for full democracy. "When you have hundreds of flights cancelled out of Hong Kong and some reluctance to travel, I do think that's impacting the premium end of the business," Matt Maddox, chief executive of Wynn Resorts, which runs two Macau casinos, said this week.
- Simply Wall St.
Do Insiders Own Lots Of Shares In Las Vegas Sands Corp. (NYSE:LVS)?
If you want to know who really controls Las Vegas Sands Corp. (NYSE:LVS), then you'll have to look at the makeup of...
- InvestorPlace
10 Cyclical Stocks to Buy (or Sell) Now
Cyclical stocks can be difficult to value. It's hard enough to understand a stock that posts steady growth, given factors like competition, management, and industry changes. Stocks subject to big swings based on external factors make that process even tougher.Source: Shutterstock In theory, cyclical stocks should trade as smoothly as the rest of the market. When the cycle is positive, earnings rise -- but the earnings multiple should fall, owing to the fact that profits are nearing or at a peak. In a downturn, the reverse is true: the multiple should expand, as it's likely better days are ahead at some point.In practice, of course, that's not always the case. Investors, like pretty much everyone else, are slow to see macroeconomic changes coming. Markets tend to overreact when news is good -- and panic when it isn't.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt this point, with the U.S. economy reaching its longest-ever expansion last month, cyclical fears are rising. At some point, skeptics worry, the economy will turn. And so "defensive stocks" have gained nicely. Those stocks, including consumer stalwarts like Coca-Cola (NYSE:KO) and Procter & Gamble (NYSE:PG), are less subject to macro forces. Investors who see risk elsewhere in the market -- and in bonds trading at or near historically high prices -- are flooding into those issues. * 10 Generation Z Stocks to Buy Long In contrast, many cyclicals look cheap. But the key word is "look." Again, they should be cheap if a recession, or even slower growth, is on the horizon. For investors who believe that's the case, these are stocks to avoid. For those who see the expansion continuing, these are 10 stocks to buy. 10 Cyclical Stocks: Caterpillar (CAT)Source: Shutterstock Caterpillar (NYSE:CAT) is one of the quintessential cyclical stocks -- and it has proven why over the past decade. The financial crisis hammered Caterpillar: revenue declined a stunning 37% in 2009. EPS, on an adjusted basis, dropped over 60%, to a little over $2 per share. CAT stock fell over 75% in less than a year.As the world recovered, however, Caterpillar earnings soared. Two key factors drove the growth. What the company itself called a "commodity supercycle," driven by Chinese demand, sparked growth in excavator sales. The U.S. shale boom added another external tailwind. Revenue doubled over the next three years. Adjusted EPS went from $2.18 to over $9. CAT stock rose over 400%.As is often the case with cyclical stocks, a bust followed. Revenue declined in each of the next four years -- the first time ever, including during the Great Depression. At the lows, CAT had lost half of its value.Cost-cutting and increased demand led earnings, and the stock, to turn again. From 2016 to 2018, CAT stock tripled. From those highs, however, CAT has steadily pulled back.Now the stock looks cheap. It trades at a little over 10x 2019 EPS. But as I wrote in June, there's a ceiling on the stock. Investors are waiting for the cycle to turn and for Caterpillar stock to plunge again.Again, this is the quintessential cyclical play. There's not much, if anything, Caterpillar can do at this point to manage global demand. If economies in the West and China stay strong, CAT probably rises. If they fade, it falls. Place your bets accordingly. Brunswick (BC)Source: Shutterstock In a changing world, pure cyclical stocks are harder to find. In many cases, there are factors at play beyond simple macro worries. Such is the case with boating stocks like Brunswick (NYSE:BC).The economy, particularly in the U.S., obviously plays a significant factor in investor sentiment toward the sector. But there are other concerns, most notably a question as to whether younger consumers will buy motorized boats going forward. For reasons including environmental considerations, student loan debt, and lower interest in fishing, it's possible that new boat demand has already peaked.That said, recent trading in boating stocks clearly has shown some impact from macro worries. The entire space, which also includes small-caps Malibu Boats (NASDAQ:MBUU), MasterCraft Boat Holdings (NASDAQ:MCFT), and Marine Products (NYSE:MPX), seems dirt-cheap. BC stock trades at less than 10x the low end of its 2020 EPS guidance. MBUU and MCFT have fallen off the table of late and are even cheaper. * 7 A-Rated Stocks Under $10 When the cycle turns for boating stocks, it turns hard -- so "cheap" isn't enough. But Brunswick is the worldwide leader in the industry, and its growing parts and accessories business provides some protection against a macro turn. BC stock, along with MBUU and MCFT, made my list of cheap growth stocks to buy earlier this year. All three have risk -- but all three look intriguing, particularly for investors who think the U.S. economy has more growth ahead. Ford (F) and General Motors (GM)Source: Shutterstock In the automotive sector the story is somewhat similar. Like boating stocks, Ford (NYSE:F) and General Motors (NYSE:GM) both look cheap. And bears can, and will, argue that they are cheap for very good reasons.Here too, there are concerns about near- to mid-term cyclical changes. And there's the long-term concern that the industry has peaked. In this case, it's autonomous vehicles that, at least in theory, would result in vastly lower unit sales worldwide.GM stock has managed to at least trade sideways, while giving investors dividend payments. F stock, meanwhile, touched a nine-year low late last year, and slid back after somewhat disappointing Q2 earnings last month.Both stocks -- at less than 7x forward earnings -- can gain, particularly if the economy holds up and the companies can make progress in autonomous and electric vehicles. But the big risk here -- and the case for even considering a short of one of these stocks -- is if the economy turns before the companies can make that pivot, the Big Two automakers could be in big trouble. 3M (MMM)Source: Shutterstock Two cyclical factors came in a big way for 3M (NYSE:MMM). A slowdown in Chinese demand and automotive weakness led to a disastrous first quarter report in late April. MMM stock fell 13%, its largest one-day decline since the 1987 stock market crash. It kept falling, losing 27% of its value in less than six weeks.The fear with 3M stock is that those aren't the only cyclical aspects of the company's business. Its industrial and even, if to a lesser extent, its consumer businesses are largely macro-sensitive. And yet MMM isn't that cheap, trading at 16x forward earnings.I recommended a month ago that investors sell what was a modest bounce in the stock. I'm not alone: 3M stock has nearly 2% of its float sold short, a big number for a megacap. * 8 of the Most Shorted Stocks in the Markets Right Now Admittedly, a solid Q2 report and a 3% dividend yield might make some investors feel differently. But I still believe there's more pain ahead -- which doesn't look priced into MMM stock, even at lower levels. Las Vegas Sands (LVS) and Wynn Resorts (WYNN)Source: Shutterstock Casino stocks generally have significant macro exposure. That's doubly true for Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN).Their key markets -- Las Vegas, Macau, and in LVS' case Singapore -- aren't just gaming destinations. They're tourist attractions as well. Across the board, both companies generally attract higher-end customers -- the kind that can be more easily lost when a recession hits and businesses go bust.There are other factors as well, among them fears of another crackdown on the companies's Macau operations. But it's cyclical sentiment that has driven both stocks in recent years. Trading generally has been volatile -- but sideways on a net basis since the years immediately following the financial crisis.With another pullback of late thanks to the trade war and rate cut concerns, both stocks became cheaper. LVS, in particular, has an attractive dividend yield above 5%. Better macro news in both the U.S. and China, most notably a trade deal of some kind, could be a catalyst for both stocks to rally again. Micron Technology (MU)Source: Shutterstock Micron Technology (NASDAQ:MU) admittedly is a bit different than the other stocks on this list. MU stock isn't a cyclical stock in the sense that it's so directly impacted by the broader economy. Rather, supply and demand dynamics in its NAND and DRAM memory markets create sector-specific cycles.But those cycles are enormous. Micron actually lost $1 per share in fiscal 2012. In fiscal 2018, it earned nearly $12 on an adjusted basis. In FY20, analysts expect those profits will plunge to under $3.As a result, MU stock has been an absolute roller-coaster. It has risen over 500% twice. It has dropped by more than half twice.That volatility has continued of late: MU soared after an earnings beat in late June. It's starting to pull back again, however, and for what I believe is good reason. * 7 Stocks on Sale the Insiders Are Buying Part of the issue is that MU stock looked absurdly cheap last year, trading at times below 4x earnings. That's no longer the case, at least on a forward basis: the P/E multiple based on FY20 estimates is about 17x. Again, cyclical stocks should see their multiples expand near the bottom. But the question for Micron is whether this truly is a bottom -- and whether the 2018 peak was just a one-off confluence of factors that are unlikely to repeat. Lennar (LEN) and D.R. Horton (DHI)Source: Shutterstock Home builders Lennar (NYSE:LEN) and D.R. Horton (NYSE:DHI) are unsurprisingly sensitive to the U.S. economic cycle. Both stocks fell steadily throughout 2018 as cyclical worries made their way into housing-related stocks. Both have rallied this year, with LEN gaining 22% and DHI climbing by almost one-third.At the moment, both stocks look like straight bets on U.S. housing -- and there's a reason to take either side of the trade. If the economy turns, both companies and stocks are going to struggle. But there's also an increasing supply problem with housing in the U.S. in part due to a labor shortage. That suggests that Lennar and D.R. Horton have pent-up demand left to fill, which could keep profits rising for years to come barring an outright recession.At reasonable multiples -- LEN trades at 8x+ EPS, and DHI 10x+ -- both stocks will rise if their market outperforms expectations. But, as seen last year, it doesn't take much more than a change in sentiment to undercut the group, even when the stocks are cheap to begin with.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Generation Z Stocks to Buy Long * 5 Growth Stocks to Buy After the Rate Cut * 5 Dependable Dividend ETFs to Invest In The post 10 Cyclical Stocks to Buy (or Sell) Now appeared first on InvestorPlace.
- Reuters
UPDATE 1-Macau casino revenues fall 3.5% y/y in July
Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy and a trade war with the United States. Revenue was 24.5 billion patacas ($3.04 billion) in July, Macau's Gaming Inspection and Coordination said on Thursday. The figure was just below analyst expectations of a 3% drop to 3% rise.
- Zacks
Gambling Stock Roundup: MGM & LVS' Q2 Picture Disappoints, MLCO & MCRI Earnings Beat
MGM Resorts International (MGM) and Las Vegas Sands Corp (LVS) reports lower-than-expected quarterly numbers in Q2.
- Motley Fool
Las Vegas Sands Keeps an Eye on Japan
Las Vegas Sands is setting itself up for some potentially lucrative growth opportunities.
- Thomson Reuters StreetEvents
Edited Transcript of LVS earnings conference call or presentation 24-Jul-19 8:30pm GMT
Q2 2019 Las Vegas Sands Corp Earnings Call
- Zacks
Las Vegas Sands (LVS) Stock Down on Q2 Earnings & Revenue Miss
Las Vegas Sands' (LVS) top-line growth in second-quarter 2019 can be primarily attributed to increased revenues at casino, rooms, mall as well as food and beverage.
Motley FoolLas Vegas Sands Corp (LVS) Q2 2019 Earnings Call Transcript
LVS earnings call for the period ending June 30, 2019.
- Moody's
Las Vegas Sands Corp. -- Moody's upgrades LVSC's China subsidiary unsecured debt to Baa2 from Ba1; assigns Baa3 to new parent company unsecured notes
Moody's Investors Service today upgraded the USD5.5 billion senior unsecured notes at Sands China Ltd (SCL) to Baa2 from Ba1. At the same time, Moody's assigned a Baa3 to Las Vegas Sands Corp.'s (LVSC) proposed USD3.5 billion senior unsecured notes. Sands China Ltd (SCL) is a 70% owned subsidiary of LVSC.
- Zacks
Las Vegas Sands (LVS) Q2 Earnings and Revenues Lag Estimates
Las Vegas Sands (LVS) delivered earnings and revenue surprises of -11.11% and -2.62%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Moody's
Las Vegas Sands Corp. -- Moody's announces completion of a periodic review of ratings of Las Vegas Sands Corp.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Las Vegas Sands Corp. New York, July 24, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Las Vegas Sands Corp. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
