5 Best Travel Stocks To Buy Right Now

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

Number of Hedge Fund Holders: 48

Las Vegas Sands Corp. (NYSE:LVS) is a Nevada-based company that develops, owns, and operates integrated resorts in Asia and the United States. It owns and manages The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao, Four Seasons Hotel Macao, Cotai Strip, the Sands Macao in Macau, and Marina Bay Sands in Singapore. On December 19, Las Vegas Sands Corp. (NYSE:LVS) highlighted its vision for the company’s next ten years in Macau after officially inking a new 10-year gaming concession. The company also plans to invest in non-gaming entertainment. 

On December 15, investment advisory Barclays raised the firm’s price target on Las Vegas Sands Corp. (NYSE:LVS) to $57 from $43 and reiterated an Overweight rating on the shares. Analyst Brandt Montour issued the ratings update. 

According to Insider Monkey’s data, 48 hedge funds were bullish on Las Vegas Sands Corp. (NYSE:LVS) at the end of Q3 2022, compared to 42 funds in the last quarter. Robert Pitts’ Steadfast Capital Management is a prominent stakeholder of the company, with 2.5 million shares worth $94.7 million. 

Follow Las Vegas Sands Corp (NYSE:LVS)