After over two months of unprecedented shutdowns due to the coronavirus pandemic, Las Vegas casinos have been given a green light to reopen on June 4, a move that could result in a major rebound for their beaten-down stocks.KEY FACTS
According to investment researcher Morningstar, while the coronavirus pandemic continues to “materially affect near-term travel and leisure demand,” all three major casino stocks are trading at significant discounts to fair value: Wynn , MGM and Las Vegas Sands . Caesars Entertainment, Las Vegas Sands, Boyd Gaming Corp., MGM and Wynn Resorts say they will open that day.
skleb1234 Little late. Still a few deals. Red rock group which owns stations is still a good buy. Locals) Most of their customers live within 3 miles of the casinos. Not opening up that boat anchor Palms rt away either. Stock got pounded a before all this bc they put 600 mill in that.
skleb1234 Yes, since money will just be dropped off their doorstep to save time.
skleb1234 Я верю вам
skleb1234 No I think with the economy cascading down rapidly these would be a bad sector to invest in now.
skleb1234 They’ve already rebounded a huge chunk latetotheparty
skleb1234 Three to one says they continue to crap out.
skleb1234
skleb1234 Wouldn't touch them. Much more interesting stocks our there just now.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: Forbes - 🏆 394. / 53 Läs mer »