This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Casino Stocks to Play

1. Las Vegas Sands (LVS - Get Report) owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino and The Sands Expo and Convention Center in Las Vegas, Nevada, and the Sands Macao, The Venetian Macao Resort Hotel, the Four Seasons Hotel Macao, Cotai Strip and the Plaza Casino in Macau.

Net revenue for the first quarter of 2011 increased 58% to $2.1 billion, vs. $1.3 billion in the year-ago quarter, driven by $584.9 million net revenue at Marina Bay Sands, which opened in April 2010, as well as increases at its Macau operations. Casino revenues increased $602.7 million year-over-year, with $464.4 million generated from Marina Bay Sands and $186.8 million from its Macau operations, boosted by Rolling Chip volume at The Venetian Macao and Sands Macao. Subsequently, adjusted net income surged to $299.4 million or 37 cents per share, compared to $53.5 million or 7 cents per share in the first quarter of 2010.

Analysts at Brean Murray recently initiated coverage on the stock with a buy rating and a price target of $53 citing growth in Asia, the Cotai expansion and upside potential in Singapore.

Of the 29 analysts covering the stock, 76% recommend a buy and the rest a hold. There are no sell ratings on the stock. On average, analysts estimate 21.3% upside to $53.32 in value from current levels.

>>To see these stocks in action, visit the 7 Casino Stocks to Play portfolio on Stockpickr.
8 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ASCA $0.00 0.00%
BYD $18.63 0.00%
LVS $45.77 0.00%
MPEL $15.25 0.00%
MGM $21.44 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs