Fresh off his trip to China, Hedgeye Gaming, Lodging & Leisure analyst Todd Jordan says he likes what he sees happening in Macau’s casinos and resorts.
In this clip from a recent presentation, Jordan reveals his top two stock picks on the long side in the Chinese gaming space.
Here’s what he said about his top overall pick:
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“It’s the best long-term situated company in Macau. It has a tremendous balance sheet, it’s way under-levered and has a real good opportunity to get into Japan. And, they have a huge amount of free cash flow.” |
Jordan’s other top pick is what he describes a “great turnaround story.”
What are these stocks that could pop in Macau?
Watch the video above to find out.
