Sponsored Link: One Company's FDA Approved "Cancer Blaster" Could Make You Rich

Time to Bet on Casinos… Again

by The Investment U Research Team

Almost two months ago we wrote two articles on the valuations in Casino stocks MGM Mirage (NYSE: MGM) Las Vegas Sands (NYSE: LVS) and Wynn Resorts (Nasdaq: WYNN). Since then, prices have more than doubled and subsequently pulled back.

Their stock prices are resting close to the April levels we talked about in “Doubling down on Casinos” and “Bank Pullback Exposes Casino Opportunities.”

To say casinos have been on a roller coaster lately doesn’t begin to tell the whole picture. Casinos have been dealing with news of lowered traffic at Las Vegas, questionable Macau circumstances, refinancing and debt issues and a laundry list of other economic negatives.

But unlike GM or Chrysler, and perhaps the most important thing to take away from all of these tribulations, is the fact that these companies should survive. They have emerged from the worst parts of the recent storm and they will continue on.

Does that mean they’ve all emerged unscathed? No. But the fact that they have emerged is important. Because if you were to look back in 2 years without having purchased these companies you might very well be kicking yourself.

And even if you’re not interested in a two-year holding period, it took these companies a little over a month to double. We could see this exact pattern a few times before 2010. And I wouldn’t mind another 100% return (or two) before the end of the year…

Symbols mentioned in this article: MGM, LVS and WYNN.

Related Investment U Articles:

Sign Up now and receive this Free report:

Collect 122% in the Next 12 Months From Gold's Surge.




The Single Best Investment for 2009

Forget another stimulus package. Or retreating into "safe-havens" like cash and gold. All you need in 2009 is a small exposure to the "secret" White Cap Index.

It's up as much as 171% straight through Wall Street's meltdown. And one of the latest stocks to be added - an Internet-related venture capital company - is up over 100% since its inclusion into the Index.

Just weeks from now, we'll add another White Cap stock to this market-trouncing index. To get a sneak peek, click here for full details.

Share Investment U:
  • email
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • Propeller
  • StumbleUpon
  • Technorati
  • Yahoo! Buzz
  • Reddit
  • NewsVine
  • SphereIt
  • Twitter

Comments

**By submitting your comment you agree to adhere to our Comment Policy and Privacy Policy.

Check out our selection of daily Investment Research:

IU Blackboard IU Archives




We Respect Your Privacy



What is Investment U?

Since 1999, Investment U has provided impartial, no-nonsense investment advice on how to build long-lasting wealth.



Recent Articles

 

Search Investment U


 

Platinum Services

Oxford Club
The Oxford Club
is an exclusive, global network of investors, who collectively participate in the pursuit of prosperity and wealth. The Club is renowned for its market-beating, tried-and-true investment principles.

White Cap The White Cap Report exclusively identifies companies, White Caps, which - by being among the earliest to gain traction - have secured dominant positions within untapped, billion-dollar markets.

XPR With an elite trading team at the helm, the Xcelerated Profits Report shows any investor how to "invest like a pro," using high-level, yet easy-to-execute strategies that "xcelerate" profits while minimizing risk.




What Readers Are Saying...

"Always enjoy what you have to say, and learn something new (and useful) almost every time. Thanks again for your outstanding work." Jeff K.

"I just want to say a quick thank you to Alexander Green for not only his sage advise, but his reassuring words of encouragement that we all need right now." Bryan W.