The performance of Las Vegas Sands Corp (LVS) has been of interest, with reports suggesting it is amongst the top gambling stocks according to hedge funds. While shares have been both sold by entities like the Kovitz Investment Group Partners LLC and purchased by others like Horizon Kinetics Asset Management LLC, overall, the market performance of LVS has been commendable. It reported promising Q3 2024 results and has seen a 50% return on equity, indicating it can be considered a top-quality stock. It has also witnessed robust trading with a 3.19% increase on Nov 29. One of the key stakeholders, Hudson D. Zachary has sold a considerable amount of LVS stock. An average 'Moderate Buy' rating from analysts implies potential promise, even though many insiders are disposing of stocks. A notable event was the 8% surge due to China's stimulus measures. LVS' tech innovation was displayed at the Global Web Summit in Lisbon, whilst its Q3 earnings and revenues lagged estimates. However, it is perceived as a top value stock for the long-term. Despite some recent disposals by the CEO, it exhibits potential due to robust business in Macao.
Las Vegas Sands Corp LVS News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 14:47:49 GMT - Rating 6 - Innovation -2 - Information 7 - Rumor 2