UBS upped its EPS estimates on shares of the Las Vegas Sands (NYSE:LVS) through 2011 as gaming activity in Singapore continues to be robust. The firm maintained its buy rating in the report and its price target of $44 per share. Based on the current stock price, UBS is looking for an additional 13% of upside with its price target.
Also gaining on the news is the Market Vectors Gaming ETF (AMEX:BJK), up 1.8% this morning. The ETF's largest position is the Las Vegas Sands, currently more than 12% of the portfolio. While the ETF holds many foreign holdings, it does hold many US-listed companies including MGM Resorts International (NYSE:MGM) and Wynn Resorts (NASDAQ:WYNN). For a full list of holdings, see the BJK Holdings page.
This Article's Word Cloud:AMEXAlsoBasedDefinitionDefinitionsETFsEarningsExchangeFundGamingHoldingsInternationalMarketNYSEResortsSandsShareSingaporeTradedVectorsVegasWynnactivitycompaniescurrentlydoesestimatesfirmforeignfullgamingholdingsholdslistlistedmaintainedmanymoremorningpageportfoliopricereportsharesstocktargetthisuppedupsidewith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.