From Yahoo Finance: 2025-04-08 09:31:00

MGM Resorts International (MGM) shares trading at $26.30 on April 7th. Caesars Entertainment Inc. among top stock picks from Carl Icahn’s portfolio. MGM emerges as misunderstood and undervalued opportunity in the market, with strong brand power and strategic shift towards asset-light model. Company’s buyback program and brand advantage position it for potential re-rating. Hedge fund portfolios holding MGM have increased.

MGM’s business model is deeply resilient and often counter-cyclical, with iconic properties including Bellagio and MGM Grand. Asset-light transition and focused buyback program create value for investors. Brand power, real estate advantages, and strong customer loyalty contribute to competitive moats. MGM poised for potential re-rating and long-term cash generation. Hedge fund portfolios holding MGM have increased.

MGM’s core casino operations remain profitable and resilient, supporting long-term cash generation. Asset-light model, buyback program, and brand advantage position the company for potential re-rating. Competitive moats include brand power, real estate advantages, and strong customer loyalty. MGM’s stock has lagged historically but presents undervaluation and asymmetric upside potential. Hedge fund portfolios holding MGM have increased.

Read more: MGM Resorts International (MGM): A Bull Case Theory