|Bid||29.91 x 1000|
|Ask||30.00 x 1100|
|Day's Range||29.52 - 30.60|
|52 Week Range||5.90 - 34.64|
|Beta (5Y Monthly)||2.41|
|PE Ratio (TTM)||10.15|
|Forward Dividend & Yield||0.01 (0.03%)|
|Ex-Dividend Date||Dec 09, 2020|
|1y Target Est||N/A|
MGM Resorts International (MGM) continues to boost its liquidity to survive the coronavirus pandemic.
The COVID-19 pandemic has hammered gambling revenue in Macau and Las Vegas, while U.S. mobile betting skyrockets.
Investors using the Robinhood trading platform have gained a reputation for betting on beaten-down companies with the potential to bounce back, so it's no surprise that MGM Resorts (NYSE: MGM) ranks among the most popular companies being traded on the platform these days. The casino operator is working to recover from the economic hit caused by efforts to stop the coronavirus pandemic, and it is pivoting to new growth opportunities. Let's dig a little deeper to find out what MGM is doing and why it is my top Robinhood stock to buy right now.