These China-sensitive stocks could be a 'value trap'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

These China-sensitive stocks could be a 'value trap' $WYNN $MLCO $MGM $LVS (via TradingNation)

One market watcher says these China-exposed stocks look like a "value trap" here.

Macao-exposed MGM, Wynn, Melco and Las Vegas Sands have underperformed the market this quarter as U.S.-China trade tensions have intensified. MGM and Melco have fallen more than 4%, Las Vegas Sands 7% and Wynn over 10%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation all in on banker - bankers always win - they can always make more chips or dollars

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines