Among casino and gambling stocks, few have performed as well as Las Vegas Sands (NYSE: LVS) over the past year – and that outperformance should continue for a few reasons.
The stock price for this well-known casino operator has increased about 28% over the past 12 months to $60, compared to the S&P 500's 18% growth. Over the next 12 months, it has a median price target of $69 per share among the analysts that cover it, and in recent weeks it got upgrades from Jefferies to $78 per share and Bank of America to $70 per share. This would suggest that it has upside of 15% to 30%.
Image source: Getty Images.
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