Is Las Vegas Sands Corp. a Buy?

Las Vegas Sands Corp. (NYSE: LVS) is the biggest casino operator in the world, and holds a dominant position in the world's biggest gaming market -- Macau. But its shares haven't done more than bounce around since the early days of 2011, despite the company's strong profitability. 

What investors may have to consider is that the investment thesis for Las Vegas Sands has changed: It's no longer a growth stock, but rather a cash flow stock. With that in mind, is it a buy today? 

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Source: Fool.com