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MGM: Record Q1 Consolidated Revenue, Shares Undervalued
MGMMGM Resorts International(MGM) Seeking Alpha·2024-05-07 19:01
Matthew Fowler Data from the TSA shows continued record traveler volume. Individuals and families are venturing around the country and abroad, all while business events seem to be booming. That is good news for firms in the Casinos and Gaming industry. What's more, as more individuals place bets electronically, there’s a broad tailwind for firms operating online sports and iGaming.  I have a buy rating on MGM Resorts International (NYSE:MGM). I see the stock as undervalued with earnings stabilizing at a ...