Las Vegas Sands Faces Macau Market Challenges Despite Attractive Valuation, Says JPMorgan
Although the massive 4x discount to the company's historical average seems 'enticing,' JPMorgan said it is still apprehensive due to Las Vegas Sands' poor performance in the already troubled Macau market.
If Las Vegas Sands Corp. (NYSE:LVS) regains market share in Macau or if industry gross gaming revenue picks up speed again, JPMorgan said it might take a more optimistic view of the company.
Las Vegas Sands Corp. (NYSE:LVS) is a casino operator with a primary focus on the Macau market. The company primarily targets the Asian market with its five casinos in Macau and Marina Bay Sands in Singapore.
While we acknowledge the potential of LVS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: and
Disclosure: None.
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
33 minutes ago
- Yahoo
Jim Cramer Calls Goldman Sachs 'Cramer fave'
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the22 stocks Jim Cramer recently talked about. Cramer mentioned that he is 'happy with' having a position in the company stock for his trust, as he commented: 'Goldman Sachs, which we own for the Charitable Trust… let's just say it's had a smaller dividend payout than its peers for a long time, but also just announced a major 33% dividend boost. Now, even after that, the stock only yields 2.23%, but that is no longer chintzy… Goldman trades at 2.22 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks… A close-up of a financial advisor giving advice to a customer, demonstrating the importance of consumer and wealth management. Goldman Sachs (NYSE:GS) is a global financial services company that specializes in investment banking, wealth management, and a range of other financial services. While we acknowledge the potential of GS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
33 minutes ago
- Yahoo
Jim Cramer Calls JPMorgan the 'Big Dog in the Banking Sector'
JPMorgan Chase & Co. (NYSE:JPM) is one of the 22 stocks Jim Cramer recently talked about. Cramer's opinion was that the stock is cheap compared to the rest of the S&P 500. He said: 'The big dog in the banking sector, JPMorgan, announced a 7.1% dividend boost that gives the stock a 2.05% yield here. That is the lowest of the group. But JPMorgan also announced a massive $50 billion buyback, and that would shrink the share count by about 6% at these levels… JPMorgan trades at 2.91 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… A group of business people discussing plans around a boardroom table adorned with a financial services company logo. JPMorgan (NYSE:JPM) provides a broad range of financial services, including consumer banking, lending, investment banking, securities services, and asset and wealth management for individuals, businesses, and institutions. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
33 minutes ago
- Yahoo
Jim Cramer on Citigroup: The Best in the Group Yet it Has the Cheapest Stock'
Citigroup Inc. (NYSE:C) is one of the 22 stocks Jim Cramer recently talked about. Noting the stock's cheap valuation, Cramer said: 'Citi announced a 7.1% dividend boost. Now it sports a 2.77% yield. Citi also stressed that they'd started a $20 billion repurchase program in January, and so far this year, they bought back $3.75 billion worth of stock. So, they still have enough ammo to shrink their share count by roughly 10%… Citigroup, the cheapest, trades at just 0.95 times tangible book value. Remember, tangible book value is what the business will be worth, again, in a liquidation scenario. So any bank that trades at a discount to book value, well, it's unbelievably cheap. CEO Jane Fraser has done a good job of turning Citi around, but clearly, she still has a long way to go. Although this company used to trade at a much lower rate to book value… Citi trades at less than 1 times tangible book value because there's still a lack of trust in the firm… A team of financial advisors huddled around a desk, discussing the best investment strategy for their client. Citigroup (NYSE:C) is a global financial services company that provides financial products, including cash management, trading, and investment banking services. While we acknowledge the potential of C as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
