LVS seems ready to finish off a decent week, which saw a confirmed uptrend. Investors who entered LVS in the last month are enjoying a very nice rise that have seen prices go from around $16 a month ago to over almost $21 today.
Sanford C. Bernstein boosted LVS price target to $24 from $22. The analysts also said they would maintain their “outperform” rating on the stock.
Las Vegas Sands will outperform the market because everyone expects a sharp rise in net earnings per share. If there’s one thing investor love, it’s fast-rising profits, because that’s what tends to push share prices higher.
LVS invested billions in building world class hotels in Singapore, Macau, and Las Vegas that are adding more to the company’s revenue and earnings pictures daily.
One group of investors who are loving LVS these days are mutual fund managers. In the past year alone, the number of mutual funds that own LVS has doubled. Why do those savvy investors want in on this stock? It seems they’re counting on the new revenue streams of the Singapore and Macau projects to add enormous profits for the company.
Marina Bay Sands development is set to open on April 27, 2010. LVS has huge ambitions for the development, which is one of the world’s most impressive gaming facilities in a fast-growing market. Company executives have stated that they will break even on $400 million a year in revenue, with some saying that they figure could achieve $1 billion if conditions are right.
If LVS does hit a number like that, investors are likely to be well rewarded.
Shares of LVS are currently trading for $20.93 a share and the technicals look great for the stock. LVS stock has appreciated an enormous amount in the last twelve months, but if the Singapore and Macau operations do extremely well, it’s possible that investors ‘ain’t seen nothing yet.’
Friday, March 26, 2010
Wednesday, March 17, 2010
What do you know about St. Patrick’s Day
1) You will never play professional basketball.
2) You swear very well.
3) At least one of your cousins is a fireman, cop, bar owner, funeral home owner or holds political office. And you have at least one aunt who is a nun or uncle who's a priest.
4) You think you sing very well.
5) You have no idea how to make a long story short!
6) There isn't a big difference between you losing your temper or killing someone.
7) Many of your childhood meals were boiled. Instant potatoes were a mortal sin.
8) You have never hit your head on a ceiling.
9) You spent a good portion of your childhood kneeling in prayer.
10) You're strangely poetic after a few beers.
11) Some punches directed at you are from legacies of past generations.
12) Many of your sisters and/or cousins are named Mary, Catherine or Eileen .... and there is at least one member of your family with the full name of Mary Catherine Eileen
13) Someone in your family is very generous. It is more than likely you.
14) You may not know the words, but that doesn't stop you from singing.
15) You can't wait for the other guy to stop talking before you start talking.
16) You're not nearly as funny as you think you are... but what you lack in talent, you make up for in frequency.
17) There wasn't a huge difference between your last wake and your last keg party.
18) You are, or know someone, named Murph.
19) If you don't know Murph then you know Mac. If you don't know Murph or Mac, then you know Sully. Then you probably know McMurphy.
20) You are genetically incapable of keeping a secret.
21) You have Irish Alzheimer's... you forget everything but the grudges!
22) “Irish Stew” is a euphemism for “boiled leftovers.”
23) Your skin's ability to tan.... not so much. (Only in spots!)
24) Childhood remedies for the common cold often included some form of whiskey.
25) There's no leaving a family party without saying goodbye for at least 45 minutes.
26) At this very moment, you have at least two relatives who are not speaking to each other. Not fighting, mind you, just not speaking to each other.
Have a great day.
2) You swear very well.
3) At least one of your cousins is a fireman, cop, bar owner, funeral home owner or holds political office. And you have at least one aunt who is a nun or uncle who's a priest.
4) You think you sing very well.
5) You have no idea how to make a long story short!
6) There isn't a big difference between you losing your temper or killing someone.
7) Many of your childhood meals were boiled. Instant potatoes were a mortal sin.
8) You have never hit your head on a ceiling.
9) You spent a good portion of your childhood kneeling in prayer.
10) You're strangely poetic after a few beers.
11) Some punches directed at you are from legacies of past generations.
12) Many of your sisters and/or cousins are named Mary, Catherine or Eileen .... and there is at least one member of your family with the full name of Mary Catherine Eileen
13) Someone in your family is very generous. It is more than likely you.
14) You may not know the words, but that doesn't stop you from singing.
15) You can't wait for the other guy to stop talking before you start talking.
16) You're not nearly as funny as you think you are... but what you lack in talent, you make up for in frequency.
17) There wasn't a huge difference between your last wake and your last keg party.
18) You are, or know someone, named Murph.
19) If you don't know Murph then you know Mac. If you don't know Murph or Mac, then you know Sully. Then you probably know McMurphy.
20) You are genetically incapable of keeping a secret.
21) You have Irish Alzheimer's... you forget everything but the grudges!
22) “Irish Stew” is a euphemism for “boiled leftovers.”
23) Your skin's ability to tan.... not so much. (Only in spots!)
24) Childhood remedies for the common cold often included some form of whiskey.
25) There's no leaving a family party without saying goodbye for at least 45 minutes.
26) At this very moment, you have at least two relatives who are not speaking to each other. Not fighting, mind you, just not speaking to each other.
Have a great day.
Subscribe to:
Posts (Atom)