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MGM Resorts International (MGM): A Bull Case Theory

We came across a bullish thesis on MGM Resorts International (MGM) on Substack by David. In this article, we will summarize the bulls’ thesis on MGM. MGM Resorts International (MGM)'s share was trading at $26.30 as of April 7th. MGM’s trailing and forward P/E were 10.96 and 11.59 respectively according to Yahoo Finance.

[caption id="attachment_1196314" align="aligncenter" width="768"] A general view of a luxury resort casino, surrounded by a beautiful landscape and illuminated at night.[/caption]

MGM Resorts (MGM) emerges as a misunderstood and potentially undervalued...