1 Casino That's Still a Buy Today
With so many investors worried about slowing growth in China, shares of Las Vegas Sands (NYS: LVS) have trended lower recently, but at the core, Las Vegas and other major operators still have a huge amount of growth ahead of them. While Macau has seen slowing a bit, by just about any measure the region is still far outpacing growth in broader China, and Las Vegas Sands' growth is faster than even Macau's. The company still has a lot of room to build out its newest property, the Sands Cotai Central, as well.
Sheldon Adelson has even announced that he'd like to deploy Las Vegas Sands' excess capital in the form of dividends or share repurchases. I like either strategy, and think this company is now too cheap, and has too much growth left to ignore.
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The article 1 Casino That's Still a Buy Today originally appeared on Fool.com.Austin Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.