Billionaire Ken Fisher’s Top 10 High Growth Stock Picks

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

Net revenue growth in the past 12 months: 31.99%

Las Vegas Sands Corp. (NYSE:LVS) is a leading global developer and operator of integrated resorts and casinos. The company manages iconic properties such as Marina Bay Sands in Singapore and The Venetian in Las Vegas, offering luxury accommodations, entertainment, retail, and convention facilities.

In the third quarter of 2024, Las Vegas Sands Corp. (NYSE:LVS) reported mixed financial results. Net revenue fell 4% year-over-year to $2.68 billion, missing analysts’ expectations of $2.79 billion. Earnings per share came in at $0.44, below the anticipated $0.53. The company’s performance was negatively impacted by ongoing renovations at its Londoner casino in Macao and a 14% decline in per-table income in Singapore, which dropped from $698 million to $600 million compared to the same quarter in 2023.

Despite these short-term challenges, Las Vegas Sands Corp. (NYSE:LVS) is focused on driving long-term growth through strategic investments. The company announced an $8 billion expansion plan for Marina Bay Sands in Singapore, including a fourth hotel tower with luxury suites and a 15,000-seat arena.

On January 3, 2025, Jefferies upgraded Las Vegas Sands Corp. (NYSE:LVS) to a “Buy,” reflecting confidence in its strategic investments and future growth potential.