4 Reasons Why I Love Las Vegas Sands Corp.
Shares of Las Vegas Sands (NYSE: LVS) have slipped about 7% after hitting a multi-year high of $66 in mid-June. That decline was caused by a crackdown on corruption and money laundering in its top market Macau, a slowdown in VIP spending, and tougher competition.
Sands' second quarter earnings crushed analyst expectations in late July, but the stock remained weighed down by the aforementioned concerns. Nonetheless, I believe that Las Vegas Sands still has room to run for four simple reasons.
Source: Las Vegas Sands.
Source: Fool.com