Stock Of The Day Sets Up Possible Entry. Analyst Notes This Bullish Trend.
Summary
Las Vegas Sands (LVS) is the IBD Stock of the Day due to its constructive trading pattern and position as a leading casino resort operator in Macao, China. Despite no longer owning properties in Las Vegas, the company has thrived in Macao, with Sands China’s market share rebounding to 25.4% growth in Q3. Analyst Lizzie Dove of Goldman Sachs upgraded the stock to a buy rating with a price target of 80, citing strong market trends and potential for continued growth into 2026. LVS boasts a high IBD Composite Rating of 95, driven by recent earnings growth of 44% and 77% in the last two quarters. Shares are up 29% year-to-date and are currently forming a flat base with a potential buy point of 70.45.
(Source:Investor's Business Daily)