5 Reasons Las Vegas Sands Holds a Losing Hand
Las Vegas Sands (NYSE: LVS), the world's largest casino operator, shed about a fifth of its value over the past three months amid concerns about its slowing growth, the escalating trade war, the depreciating yuan, and ongoing protests in Hong Kong.
But after that drop, Sands' low forward P/E of 16 and high dividend yield of nearly 6% might look tempting to income investors. However, I think Sands remains a losing bet, and that it could head lower for five simple reasons.
Image source: Las Vegas Sands.
Source Fool.com
