Thursday, May 2, 2013

MGM May 2 2013

MGM May 2 2013

MGM is breaking out after earnings. Casino stocks are pure plays on economic recovery. With the US recovery in gear, and the Europeans showing some signs of life as well, this is a sector that could get hot.

MGM is one of only six casinos with the ability to service Macau, which dwarfs Vegas in size. That's the jewel in the crown, and the reason you might want to take a look at this while it's still fairly cheap.

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