MGM vs. Prem Watsa's Picks
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MGM Resorts International (MGM): Among Prem Watsa’s Stock Picks With Highest Potential
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We recently compiled a list of Billionaire Prem Watsa's 10 Stock Picks With Highest Potential.
In this article, we are going to take a look at where MGM Resorts International ( NYSE : MGM ) stands against Prem Wata's other stock picks.
The pullback has mostly been felt in the tech space, where most counters have been trading at premium valuations.
MGM China revenue was up 4% year-over-year to $1 billion .
Las Vegas strip resort revenues were down 6% to $2.2 billion .
MGM operations in China have received a significant boost fuelled by strong mass market growth.
Overall MGM ranks 3rd on our list of Prem Watsa's stock picks with highest potential.
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