Las Vegas Sands Just Hit a 52-Week High. Time to Buy?

There are some sectors of the stock market investors prefer to stay away from. Usually, alcohol, gambling, tobacco, and other "sin" stocks make up this list. You should never compromise personal values or beliefs to own a particular stock. However, because fewer investors are interested in these stocks, it usually means the stocks can be had for a cheaper price than others, increasing your chances for long-term success.

One gambling stock investors may be interested in is Las Vegas Sands (NYSE: LVS). The stock continues to hit 52-week highs almost daily and is up almost 40% in three months. So should you bet on Las Vegas Sands? Or will the stock bust? Let's dig in.

Just because a stock is reaching new 52-week highs doesn't mean it's hitting all-time highs. The stock is still down from different high points throughout its life as a public company.

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Source Fool.com