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Stick With Las Vegas Sands, Monarch Casino Says Recognia Analyst

Gregg Greenberg
9/18/14 4:27 PM EDT
Las Vegas Sands shares are under pressure due to worries about China slowing and Atlantic City casino closures, but that is creating a buying opportunity for the well-run gaming giant, said Peter Ashton, Vice President at Recognia. Ashton also advised sticking with Bally Technologies stock through its merger with Scientific Games because of the slot machine-maker's high level of profitability. Finally, Ashton is bullish on Monarch Casino and Resort, saying shares of the small casino company have been sold off unfairly, and that it remains a profitable potential takeout candidate.
Stock quotes in this video: LVS, MCRI

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