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
With 14 Buy predictions and not the single Sell prediction the community is currently very high on MGM Resorts International.
As a result the target price of 51 € shows a positive potential of 29.02% compared to the current price of 39.53 € for MGM Resorts International.
