Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.4%. By the end of trading, Melco Crown Entertainment rose $0.39 (1.7%) to $23.78 on light volume. Throughout the day, 2,519,082 shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 4,126,600 shares. The stock ranged in a price between $23.51-$23.91 after having opened the day at $23.67 as compared to the previous trading day's close of $23.39. Other companies within the Leisure industry that increased today were:
), up 21.5%,
), up 6.2%,
), up 5.9% and
), up 4.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Macau. Melco Crown Entertainment has a market cap of $13.0 billion and is part of the services sector. The company has a P/E ratio of 30.9, above the S&P 500 P/E ratio of 17.7. Shares are up 39.7% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Melco Crown Entertainment a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Melco Crown Entertainment
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Melco Crown Entertainment Ratings Report.
On the negative front,
), down 6.0%,
), down 5.6%,
), down 4.6% and
), down 4.5% , were all laggards within the leisure industry with
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.
3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.