NEW YORK (TheStreet) -- Las Vegas Sands (LVS) was gaining 4.7% to $79.30 Tuesday as sentiment leaned back toward Macau-related casinos seeing relatively smooth credit terms for the VIP segment according to Seeking Alpha.
Casinos that operate in Macau have been sensitive to signs of a credit slowdown from Chinese banks that could hurt traffic to the region by junket operators.
Las Vegas Sands is scheduled to announce its first quarter results on Thursday, April 24.
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TheStreet Ratings team rates LAS VEGAS SANDS CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate LAS VEGAS SANDS CORP (LVS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."