Total Ideas
2
Bullish Ideas
1 (50%)
Bearish Ideas
0 (0%)
Recent Activity
0
"MGM Resorts International, trading at a market cap of roughly $9.44 billion and a price-to-free cash flow of 7.3x, has reduced its shares outstanding by about 52.5% over the past years. Despite headwinds on casino spending, the strong brand and solid buyback yield make it compelling."
MGM is presented as a strong candidate with impressive historical share reduction (over 50% cumulative reduction) and a cheap valuation driven by its buyback yield. The brand strength and potential catalysts in its core markets support a bullish view.
"MGM: Resilient casino op, 42% buyback since 2020. Strong Vegas presence, global expansion. Sale-leaseback freed cash for reinvestment. Historically underperformed S&P500 but recent shift to buybacks & debt reduction. Strong brand, cornered Strip real estate. 11x PE, 17.5% buyback/mkt cap. Recession-resistant cash flows."
Sentiment