5 Best Las Vegas Stocks to Buy Now

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In this article we will take a look at the 5 best Las Vegas stocks to buy now. For a detailed analysis of these companies, go directly to the 10 Best Las Vegas Stocks to Buy Now.

5. Scientific Games Corporation (NASDAQ: SGMS)

Number of Hedge Fund Holders: 23 

Scientific Games Corporation (NASDAQ: SGMS) is a Las Vegas-based company providing game products and services to the gambling industry in Nevada. It was founded in 1984 and is placed fifth on our list of 10 best Las Vegas stocks to buy now. Some of the products sold by the firm include electronic table systems, video lottery terminals, conversion game kits, game machine spare parts, slots, and table-management systems.

In March, Scientific Games Corporation was given a Buy rating by Union Gaming with a price target of $65. Union said that there were early signs of a turnaround in the gaming industry and free cash flow was catching stride. On April 15, the company named a new technology chief, Victor Blanco, who has previously served with big technology companies.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Fine Capital Partners is a leading shareholder in the firm with 9.1 million shares worth more than $378 million.

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