4. Wynn Resorts (WYNN)
Company profile: Wynn, with a market value of $13 billion, is an operator of luxury casinos and resorts, including: Wynn Macau and Encore in China, and Wynn Las Vegas and Encore on the Las Vegas Strip. Its first-quarter earnings are due April 25.
Dividend Yield: 1.5%
Investor takeaway: Its shares are up 17.7% this year and have a three-year, average annual return of 66%. Analysts give its shares seven "buy" ratings, eight "buy/holds," and 10 "holds," according to a survey of analysts by S&P. Analysts estimate it will earn $5.88 per share this year (after earning $1.39 per share last year) and $6.92 next year, which is 18% growth. S&P has it rated "buy," with a $131 price target, a 4% premium to the current price.Morningstar says it "stands to benefit from an imbalance in demand and supply in the Chinese gambling market, with industry revenue projected to grow 12%-15% annually over the next five years and supply expected to grow only 5% per year, which will drive (earnings before interest, taxes, depreciation and amortization) and free cash flow higher, without significant investment." 3. Melco Crown Entertainment (MPEL) Company profile: Melco, with a market value of $2.5 billion, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities in Macau. Investor takeaway: Its shares are up 59% this year and have a three-year, average annual return of 50%. Analysts give its shares nine "buy" ratings, seven "buy/holds," and three "holds," according to a survey of analysts by S&P. Morningstar analyst Chad Mollman says it's the only U.S.-listed company focused exclusively on the Chinese casino industry. "We think Melco is well-positioned to grow even faster than the overall market." 2. MGM Resorts International (MGM) Company profile: MGM, with a market value of $7 billion, is the largest gaming and hotel company on the Las Vegas Strip, with 30% of all guest rooms in the market. Its properties include: Bellagio, MGM Grand, Mandalay Bay, Mirage, Luxor, New York-New York, and a 50% ownership stake in CityCenter. Investor takeaway: Its shares are up 32% this year and have a three-year, average annual return of 30%. Analysts give its shares 13 "buy" ratings, six "buy/holds," and 10 "holds," according to a survey of analysts by S&P. Analysts expect it to lose 47 cents per share this year. S&P, which has its shares rated "hold," says: "We see continued momentum in Vegas against a backdrop of less than 0.5% room supply growth, but believe (its) shares already incorporate improvement." 1. Las Vegas Sands (LVS) Company profile: Las Vegas Sands, with a market value of $45 billion, operates casinos in Las Vegas, Bethlehem, Pa., and Singapore and Macau, China. Dividend Yield: 1.65% Investor takeaway: Its shares are up 37% this year and have a three-year, average annual return of 127%. Analysts give its shares 15 "buy" ratings, 10 "buy/holds," and three "holds," according to a survey of analysts by S&P. S&P, which has it rated "buy," says that "with an estimated 57% of its revenue to be derived from Macau properties in 2012, coupled with opening of the first phase of Sands Cotai Central in April, we view (the company) as well-positioned in Macau. We also expect news about the potential legalization of gaming in new jurisdictions to boost the group."
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV