5 Best Sin Stocks to Buy Now

4. Las Vegas Sands Corp. (NYSE:LVS)

Stock Upside Potential: 40.10%

Number of Hedge Fund Holders: 58

Las Vegas Sands Corp. (NYSE:LVS) is one of the best sin stocks to buy now. On May 13, Las Vegas Sands Corp. (NYSE:LVS) completed a previously announced underwritten public offering of aggregate principal amount of $500 million of 5.3% due 2031. It also completed $500 million $5.6% senior notes due 2033.

The company plans to add the proceeds and use them to redeem the outstanding $1 billion aggregate principal amount of its 3.5% senior notes due August 2026. The $1 billion capital raise comes on the heels of Fitch Ratings assigning a “BBB” rating to the LVS notes, citing improved credit metrics and strong performance in Singapore. The company also continues to benefit from its scale in Macau and robust free cash flow generation.

Las Vegas Sands remains focused on delivering outstanding service, hospitality, and entertainment experiences to customers in the race to drive growth and strong returns to shareholders. The sentiments come on the company executing its strategic objectives in the first quarter, which resulted in growth in Singapore and Macao.

Las Vegas Sands Corp. (NYSE:LVS) develops, owns, and operates luxury destination “integrated resorts” that combine high-end casino gaming, luxury hotel accommodations, convention and exhibition facilities, celebrity chef dining, retail malls, and live entertainment. The company’s primary operations and major revenue drivers are concentrated in Macao and Singapore.