The Best Growth Stock in Gaming
Most of the major gaming companies trading in the U.S. have been in expansion mode for most of the last two decades. MGM Resorts (NYSE: MGM), Las Vegas Sands (NYSE: LVS), and Caesars Entertainment (NASDAQ: CZR) have been building or acquiring projects in Las Vegas and Asia, creating the behemoth companies we know today. But growth opportunities are few and far between right now, whether because of market saturation (Las Vegas) or limits on how many casinos the government will let a company build (Macau, Singapore).
One company that has a lot of growth ahead is Wynn Resorts (NASDAQ: WYNN). The company has quietly been adding growth projects in the U.S. and Macau, and over the next five years, I think it will grow more organically than any of its major competitors.
Image source: Wynn Resorts.
Source: Fool.com
MGM Resorts International Stock
MGM Resorts International is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
With a target price of 50 € there is a positive potential of 30.21% for MGM Resorts International compared to the current price of 38.4 €.
