Investing in Genting Stock

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Genting stock is an excellent investment for investors who are interested in Malaysia’s thriving entertainment and leisure industry. Its six business segments include gaming, hotel, entertainment, travel-related services, and development of integrated resorts. The company’s support price currently stands at 2.445. Analysts predict a 20% increase in the stock price over the next three years. In addition, the company is expected to increase its earnings per share by more than 10% in the next three years.

In addition to its gaming operations in Malaysia, Genting has real estate, palm oil, and real estate development businesses. Its new integrated resort, Resorts World Las Vegas, could also boost Genting stock in the US. The company is also a leading contender in the development of a gaming property in Japan.

Despite the risks involved in investing in Genting stock, the company’s shares have higher growth potential than most comparable stocks. Furthermore, Genting stock’s low cost and risky financing make it a good investment. Nevertheless, it is important to keep in mind that Genting stock is a volatile stock.

Although there is no firm evidence that the diversified operations of Genting are causing a drop in its stock price, analysts suggest that investors should invest in Genting Singapore over Genting Malaysia. While both companies have experienced declines over the past couple of years, the former has a better earnings profile. It also offers a cheaper entry point to ride the Genting Singapore growth story.

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