05-04-2014, 05:01 PM
(05-04-2014, 12:01 PM)Kerim Wrote: Thanks Eric -- I've often wanted to add a ca$ino to my stable of sin stocks, but have never really spent the time researching them. Do you consider WYNN the "best of breed," or are there several solid names to choose from?
WYNN is the only ca$ino stock I own, but would also consider Las Vegas Sands (LVS) as part of best of breed. Both are well established in Macau and will benefit from the continued growth there.
Wynn has paid a higher dividend and also has historically paid a higher special dividend, but both have shown tremendous growth over the last 5 years.
Here is an article I wrote last year comparing some of the ca$ino stocks.
While I don't know that I would count on either as core positions, I think they could both give some nice capital gains over the next couple of years.