Company Of The Day: Las Vegas Sands
What?
China is looking to ease the quarantine period for international travelers to 10 days from 21 days while easing testing requirements for people in quarantine. Moreover, the cities of Beijing and Shanghai reported no Covid-19 cases on Monday. This could be a sign that the worst of China’s current Covid wave may be over.
So What?
- Why Was Las Vegas Sands Stock Up 8% In A Day?
- Should You Bet On Las Vegas Sands Stock Returning To $60?
- With The Stock Down 14% Year, Will Strong Singapore Business Drive LVS Stock Higher Post Q2?
- With The Stock Flat This Year, Will Q1 Results Drive Las Vegas Sands Stock Higher?
- Down 13% In Last Six Months, Will Macau Recovery Over Q4 Drive Las Vegas Sands Stock?
- Las Vegas Sands Stock Has Remained Flat This Year Despite Macau Recovery. What’s Next?
The easing of Covid-19 restrictions bodes well for casino players such as Wynn Resorts (NYSE:WYNN) and Las Vegas Sands (NYSE:LVS) given their sizable exposure to the Macau gaming market. Both stocks were up over 3% Tuesday’s trading.
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
| Returns | Jun 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| LVS Return | -3% | -8% | -35% |
| S&P 500 Return | -8% | -20% | 71% |
| Trefis Multi-Strategy Portfolio | -6% | -24% | 198% |
[1] Month-to-date and year-to-date as of 6/29/2022
[2] Cumulative total returns since the end of 2016
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