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Las Vegas Sands (NYSE: LVS )
I want to state that I am a junior in college and very new to investing in the stock market so I am still trying to learn all that I can.
After reading up on seasonal trends and watching fast money, I have decided to invest is LVS. LVS is the 1st fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 61.0%. The stock has mad gains every August for the past 4 years. The stock has almost doubled in the last 52 weeks with a 52 low at 24.50 and a high of 55.47. Currently trading at $46.63, I was wondering if any of you are also vested in this stock. I see this stock has done nothing but go up in the last year. Any of ideas of how long this stock will continue to increase or what the potential of this stock is?
Thanks- LSUEngineer
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Replies to This Discussion
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Permalink Reply by SunCalvin on -
LVS is a great company. If you want to hold it for long-term, like a couple of years, it would greatly benefit you. Below $38 is a buy and below $35 is a great buy with resistance of $55.50, as Stock To Buy suggested before, which I believe are correct. The stock is in uptrend due to the upcoming earning report and reflection from a great performance of WYNN.
However, now is not a great time to invest or buy. Please hold your investment in cash until hurdles of debt-ceiling and budget crisis disappear. I would like to caution you that what you are looking at now be a historical era in the US history.
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