Consumer Biz Recap: Casino Stocks ADVANCE On Econ Report
September 07, 2012
Casino stocks exhibited large gains from several positive-sounding economic reports, with MGM Resorts International (NYSE:MGM) beating the rest. However, some analysts contend that the increasing dependance of gaming companies upon Macao for gains in revenue leaves U.S. news less important. At any rate, shares that advanced on the day include Wynn Resorts, Limited (NASDAQ:WYNN), Las Vegas Sands Corporation (NYSE:LVS), Melco Crown Entertainment Limited (NASDAQ:MPEL), and Pinnacle Entertainment, Inc. (NYSE:PNK).
Don’t Miss: These New Entrants are Looking to Harness the $8 Billion Energy Drink Market.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Premium Newsletters
Gold & Silver
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
Commodities Premium
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
ETF Investing
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more
Wall St. Cheat Sheet has been featured in these fine media outlets:
