$LVS - The stock has been ugly but there are some revenue catalysts on the horizon. My concern is that weak stocks tend to perform poorly during market corrections. (Should we ever have a market correction again). But should the market continue to rally, then investors may start looking back to gaming stocks and Las Vegas Sands has some new property openings coming up. In addition, even with revenues currently slowing down, those kinds of things tend to rebound eventually. People like gambling.
It has been a rough end to the summer for shareholders of Las Vegas Sands, who have seen their stock plummet 20% since early August on concerns that Macau's gaming market is taking a turn for the worst. But the falling stock price could create a buying opportunity for investors willing to take the long view with this company.
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