Here's Why Investors Should Retain MGM Resorts (MGM) for Now
MGMMGM Resorts International(MGM) ZACKS·2024-08-20 23:26

MGM Resorts International (MGM) is likely to benefit from sports betting prospects, solid Las Vegas performance and license development projects. Also, its focus on the single account and wallet feature bodes well. However, elevated expenses are a concern.Let us discuss the factors that highlight why investors should retain this Zacks Rank #3 (Hold) stock for now.Factors Driving GrowthAdvancements in Digital Strategy: MGM made significant strides in advancing its digital strategy, which has become a corners ...