-
MGM's Solid Q3 Puts It One Step Closer To Becoming An 'Investment-Grade' Stock
Tuesday, November 8, 2016 - 1:23pm | 392Read More...The better-than-expected third-quarter results put MGM Resorts International (NYSE: MGM) one step closer to become an “investment-grade” stock. CLSA expectsMGM to turn free cash flow positive in 2017, driven by the upcoming openings of National Harbor and MGM Cotai. Rating Boost Ahead...
-
Here's Why Las Vegas Sands Is The 'Best Long-Term Vehicle'
Tuesday, September 20, 2016 - 11:32am | 362Read More...Despite the recent runup in the stock, CLSA’s Jon Oh believes Las Vegas Sands Corp. (NYSE: LVS) is the “best long-term vehicle.” He maintained an Outperform rating on the company, while raising the price target from $50 to $58. The Impressive Parisian Following a visit to...
-
CLSA Analysts Bullish On Macau, But See 'Better Entry Points' Ahead
Monday, September 19, 2016 - 3:04pm | 371Read More...Macau gaming investors got some long-awaited good news at the end of August when the city logged its first positive year-over-year (Y/Y) monthly gaming revenue growth in more than two years. The surprise number triggered a handful of upgrades for Macau gaming stocks, but CLSA analyst Jon Oh urges...
-
Hilton Worldwide A Top Buy Idea At CLSA
Wednesday, September 14, 2016 - 10:24am | 290Read More...Hilton Worldwide Holdings Inc (NYSE: HLT) is nearing the completion of its planned spin-offs. Their completion is “crucial to unlock value and kickstart the next phase of capital return,” CLSA’s Jon Oh said in a report. He maintained a Buy rating on the company, with a price...
-
CLSA Was Impressed By Wynn's Palace Opening, But Positives Are Priced In
Tuesday, August 23, 2016 - 12:17pm | 353Read More...CLSA’s Jon Oh mentioned that the Palace opening by Wynn Resorts, Limited (NASDAQ: WYNN) was impressive, “with the property’s high quality design and management’s impeccable execution of the opening, confirming our conviction that Palace will be a success.” Oh maintains...
-
Las Vegas Sands' Dividend Is Among The Safest Out There
Monday, May 16, 2016 - 8:15pm | 277Read More...Las Vegas Sands Corp. (NYSE: LVS) shares closed Monday's session up about 1.5 percent; the stock slightly outperformed the Dow Jones Industrial Average and S&P 500, which closed up about 1 percent and 0.98 percent, respectively. Some traders attributed the modest strength in shares to...
