Here's Why Investors Should Retain Las Vegas Sands Stock for Now

Shares of Las Vegas Sands Corp. (LVS) have risen 31.9% in the past three months compared with the industry’s 15.8% growth. The company is benefiting from a strong recovery in Macau, strategic investments in Singapore and robust capital return initiatives. However, uncertainties in China remain a concern.Let’s delve deeper.Factors Likely to Drive GrowthThe Macao market continues to grow. During the third quarter of 2024, total gaming revenues in the market increased 13% year over year to about $6.9 billion. ...