We recently compiled a list of the 10 Best Entertainment Stocks to Buy According to Billionaires. In this article, we are going to take a look at where Las Vegas Sands Corp. (NYSE:LVS) stands against the other entertainment stocks.
The entertainment industry is a global and fast-growing sector that encompasses film, music, social media, games, and live events. According to a report by The Business Research Company, the entertainment and media market was valued at $2.67 trillion in 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 7.4% during 2025-2029 to reach a value of more than $3.82 trillion by the end of the forecast period. In 2024, the largest region in the entertainment and media market was North America.
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The industry is rapidly evolving thanks to technological advancements, changing consumer preferences, and global connectivity. The internet and mobile devices continue to make entertainment more accessible around the world. These factors ensure continued growth within the industry.
Entertainment companies are innovating their business models to stay competitive, especially as streaming services become more popular. Advertising is also becoming a key strategy for entertainment and media companies.
New technologies like AI, VR, and AR continue to revolutionize content creation and consumption. Moreover, the gaming sector is expected to grow in the coming years and this should support further growth in the entertainment industry. These trends offer significant growth potential, especially for entertainment companies involved in gaming and streaming.
Methodology
To compile our list of the 10 best entertainment stocks to buy according to billionaires, we looked for the biggest entertainment companies. We also reviewed our own rankings, financial media reports, ETFs, and stock screeners to compile a list of the best entertainment stocks. Next, we focused on the top 10 entertainment stocks most favored by billionaires. Data for the number of billionaire investors for each stock was taken from Insider Monkey’s Q4 2024 database. Finally, the 10 best entertainment stocks to buy were ranked in ascending order based on the number of billionaires holding stakes in them as of Q4 2024.
Additionally, we mentioned the hedge fund sentiment surrounding each stock, which was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
The dazzling Las Vegas Strip lined with luxury Integrated Resorts, seen from a high elevation.
Las Vegas Sands Corp. (NYSE:LVS)
Number of Billionaire Investors: 14
Number of Hedge Fund Holders: 49
Las Vegas Sands Corp. (NYSE:LVS) is an American entertainment company that develops and operates integrated resorts. The company’s portfolio of properties includes Marina Bay Sands in Singapore and The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao, and Sands Macao in Macao SAR, China. The resorts encompass luxury hotels, state-of-the-art meeting facilities, and a variety of entertainment attractions. Las Vegas Sands Corp. (NYSE:LVS) ranks among the best entertainment stocks to buy according to billionaires.
The company sees significant opportunities in the growing Macao market. In Q4 2024, Las Vegas Sands Corp. (NYSE:LVS) reported that gaming revenue in Macao grew 6% year-over-year. Gross gaming revenue in Macao is expected to surpass $30 billion in 2025 and continue to grow. Management believes that the Chinese economy will grow and Macao’s economy will grow with it. Las Vegas Sands Corp. (NYSE:LVS) is looking to strategically leverage its high-quality assets to attract profitable customers. In late September 2024, Las Vegas Sands Corp. (NYSE:LVS) opened the Londoner Grand Casino. The company operated 315 Londoner Grand Suites in Q4 2024 and has plans to introduce more Londoner Suites during the next 2 quarters.
Overall, LVS ranks 9th on our list of the best entertainment stocks to buy according to billionaires. While we acknowledge the potential of LVS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LVS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
