Motley Fool recommends passing on Sands stock
Todd Wenning of Motley Fool clears some of the marketing fog that surrounds Las Vegas Sands these days, telling his readers that its low price doesn’t mean it has touched bottom. With high debt and question marks in several key areas, Sands is a bargain to some but a time bomb to others.
Wenning: “Just because a number of stocks like Las Vegas Sands (NYSE: LVS) have fallen considerably in recent months doesn't mean they've reached the point of maximum pessimism and are worthy of buying whole-hog right now. In fact, I would argue that Las Vegas Sands is one 'value' to avoid in this market.”
