{"id":777012102,"date":"2023-12-22T10:25:30","date_gmt":"2023-12-22T13:25:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012102"},"modified":"2026-04-22T14:28:12","modified_gmt":"2026-04-22T17:28:12","slug":"citi-research-sees-lvs-and-mgm-as-consumer-cyclical-star-for-2024","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citi-research-sees-lvs-and-mgm-as-consumer-cyclical-star-for-2024","title":{"rendered":"Citi Research sees LVS and MGM as \u201cconsumer cyclical star\u201d for 2024"},"content":{"rendered":"\n<p>They are positioned third and fourth in the list.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Citi Research said <strong>Las Vegas Sands<\/strong> and <strong>MGM Resorts International <\/strong>are top choices for consumer discretionary stock ideas in 2024. It highlighted 2024 buy and sell ideas from each of the 11 global industry classification standard (GICS) sectors. On the consumer discretionary side, Sands and MGM were two of its top five ideas.<\/p>\n\n\n\n<p>The company positioned Las Vegas Sands in third place with an expected return of 54 per cent and MGM in fourth place with an expected total return of 44 per cent. Citi Research said it anticipates \u201cfundamental resilience\u201d for the two companies complemented by strong expectations for cash flow, earnings, margins and sales in 2024.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/\/focusgn.com\/asia-pacific\/las-vegas-sands-to-increase-shareholding-in-sands-china\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/las-vegas-sands-to-increase-shareholding-in-sands-china\" target=\"_blank\" rel=\"noreferrer noopener\">Las Vegas Sands to increase shareholding in Sands China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>They are positioned third and fourth in the list.<\/p>\n","protected":false},"author":226,"featured_media":14377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Citi Research has designated Las Vegas Sands and MGM Resorts International as premier consumer discretionary stock selections for 2024, forecasting substantial total returns of 54% and 44% respectively. This positive outlook is predicated on anticipated fundamental resilience, complemented by robust expectations for cash flow generation, earnings growth, margin expansion, and sales performance.","focusai_entities":"Citi Research, Las Vegas Sands, MGM Resorts International, Sands China","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Valuation Drivers","query":"What specific operational catalysts, market share gains, or regulatory tailwinds are projected to underpin the anticipated 54% and 44% total returns for Las Vegas Sands and MGM Resorts International, respectively, beyond the general 'fundamental resilience'?"},{"label":"Competitive Landscape","query":"How do Citi Research's valuation methodologies and growth assumptions for Las Vegas Sands and MGM Resorts International differentiate their outlook from other prominent iGaming and integrated resort operators within the broader consumer discretionary sector?"}],"footnotes":""},"categories":[16338,163],"tags":[1642],"class_list":["post-777012102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-las-vegas-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777012102"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012102\/revisions"}],"predecessor-version":[{"id":777012110,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012102\/revisions\/777012110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14377"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}