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Stock impact report

3 Consumer Stocks We Find Risky [Yahoo! Finance]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Yahoo! Finance
This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray, and over the past six months, the industry has shed 8.5%. This drawdown was worse than the S&P 500's 1.9% fall. Investors should tread carefully as many companies in this space are also unpredictable because they lack recurring revenue business models. Taking that into account, here are three consumer stocks we're swiping left on. MGM Resorts (MGM) Market Cap: $9.45 billion Operating several properties on the Las Vegas Strip, MGM Resorts (NYSE:MGM) is a global hospitality and entertainment company known for its resorts and casinos. Why Are We Out on MGM? Large revenue base makes it harder to increase sales quickly, and its annual revenue growth of 4.2% over the last two years was below our standards for the consumer discretionary sector Diminishing returns on capital from an already low starting point show that neither management's prior nor current bets are go Show less Read more
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