Devoted to bringing you insightful research, commentary and investigation on companies we – women – love. We are the world’s best and most loyal consumers by shopping at their stores and buying their products. To sell and market to us and become a national brand takes intelligence and the right aggressive attitude along with providing solid, quality and long lasting products and services.
While presenting in a conservative and neutral view on highlighted companies, The Savvy Profiler is designed to give aggressive ideas and insight on investing in big name companies, yet with safe growth – regardless of the general market direction. This week’s Savvy Profile:
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Company Name: MGM Resorts International
Ticker: MGM
Last Trade: $9.00
52 wk Range: $7.40 – $14.94
Business Summary:
MGM Resorts International, through its subsidiaries, owns and operates casino resorts. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company also owns and operates Shadow Creek golf course in North Las Vegas; Fallen Oak golf course in Saucier, Mississippi; and the Primm Valley golf club at the California state line. It owns and operates approximately 15 resorts in the United States. In addition, MGM Resorts International has an agreement with the Mashantucket Pequot Tribal Nation, which owns and operates Foxwoods Casino Resort in Mashantucket, Connecticut to carry the MGM Grand brand name. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.
Recent Headlines on MGM Resorts International:
- Final Glance: Leisure companiesAP(Wed, Aug 1)
- MGM Resorts International (MGM): Today’s Featured Leisure Laggardat TheStreet(Wed, Aug 1)
- The Big Question For Full Tilt’s U.S. Players: Will They Get Their Poker Winnings Back?at Forbes(Wed, Aug 1)
- Midday Glance: Leisure companiesAP(Wed, Aug 1)
- IGT Worth A Gambleat Investopedia(Wed, Aug 1)
- Macau July gambling revenue rises 1.5%at MarketWatch(Wed, Aug 1)
- Early Glance: Leisure companiesAP(Wed, Aug 1)
- UPDATE 1-Macau July gambling revenue sees slowest growth since 2009at Reuters(Wed, Aug 1)
- Macau says gambling revenue up 1.5 pct in Julyat Reuters(Wed, Aug 1)
- UPDATE 3-Online poker companies settle with U.S., two to combineat Reuters(Tue, Jul 31)
Recent Press on MGM Resorts International:
- Third Annual Las Vegas FOOD & WINE All-Star Weekend Expands To Include ARIA, Bellagio, MGM Grand, Mandalay Bay and The MiragePR Newswire(Mon, Jul 30)
- MGM Resorts International Announces Second Quarter Earnings Release DatePR Newswire(Wed, Jul 18)
- Cool New Vegas Perks for MGM Resorts International’s M life Members Through Visa and Topguest CapabilitiesPR Newswire(Tue, Jul 17)
Company Overview:
Target Price: $18.20
Risk: MEDIUM
Short Term Rating: BUY
Long Term Rating: HOLD
*analyst ratings are from wikiwealth.com
(http://www.wikiwealth.com/research:mgm)
To making money,
Lourdes Janzen
LJ Investment Research
Disclaimer All materials in this email are provided as opinion only, and may not be construed as personalized investment instruction. No action should be taken based solely on the contents of this information; instead, readers should consult appropriate investment professionals and perform proper due diligence. All securities trading, whether in stocks, options, or other investment vehicles, is speculative in nature and involves substantial risk of loss. We encourage our readers to invest carefully and to utilize the information available at the websites of the Securities and Exchange Commission at http://www.sec.gov and the National Association of Securities Dealers at http://www.nasd.com. This email should be viewed as an opinion only, and no financial decisions of any kind should be made based on the opinions presented in this piece. LJ Investment Research is not a registered broker/dealer and does not purport to provide any analysis of any company’s financial position, operations or prospects and should not be construed as a recommendation or an offer or solicitation to buy or sell any security. You are receiving this Game Time Stock Picks email alert because you signed up to receive them. If you are receiving these alerts by mistake, please hit the unsubscribe button below. LJ Investment Research
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