Las Vegas Sands: Dodging Vegas Was a Masterstroke

The stock’s 28% gain over the past year isn’t just a fluke-it’s a calculated slap in the face to the industry’s outdated playbook. Analysts are now penciling in $69-$78 per share as a price target, which is generous considering the company’s current valuation is still low enough to qualify as “undervalued.” But let’s not get ahead of ourselves. The real story here isn’t the numbers-it’s the sheer audacity of choosing to ignore a market everyone else thought was a sure thing.



