Markets
Las Vegas Sands Stock Could Climb Higher
A market expert believes Las Vegas Sands stock is ready for a strong upward move, bringing good news for investors.
Mike Khouw, a smart market expert, sees good things ahead for Las Vegas Sands stock. He says the shares are about to 'catch a heater.' This means the stock price will likely go up a lot.
For many years, Las Vegas Sands focused on Asia. Its business in Macau, a big gambling city, drove much of its success. Macau is like a huge Las Vegas overseas. The company built many large resorts there.
Now, the company is changing. It sold its Las Vegas properties. It looks to Asia for its main growth. The expert's view suggests this focus will pay off for shareholders. Money Morning Live watches these trends closely.
Source: CNBC
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