Las Vegas Sands stock surged over 12% following a strong third-quarter earnings report, outperforming the S&P 500. The company reported net revenue of $3.3 billion, a 24% increase, with adjusted net profit rising 66% to $536 million. Analyst estimates were surpassed, driven by growth in Asian markets like Macao and Singapore.

Las Vegas Sands has shifted focus to Asian gaming markets, with properties in Macao and Singapore performing well. The company anticipates continued growth in Asian travel, benefiting its fundamentals. Despite no longer operating in Las Vegas, the strategic shift has proven successful, with robust revenue growth in key markets.

The Motley Fool’s Stock Advisor team did not include Las Vegas Sands in their list of top 10 stocks to buy now. Historical returns from previous recommendations like Netflix and Nvidia showcase the potential for significant returns. Stock Advisor boasts a total average return of 1,028%, outperforming the S&P 500. Join their investing community for more insights.

Read more at Yahoo Finance: Why Las Vegas Sands Investors Hit the Jackpot Today