Sterne Agee Points to 'Strong' Macau Trends During Beginning of March

Sterne Agee's David Bain issued a note earlier highlighting gaming trends in Macau which are "off to a strong start" in March. The analyst said the run-rate through March 10th is up more than 30 percent from last year to 34.4 billion patacas. Bain's favorite picks for the region are Melco Crown

and Las Vegas Sands

, both rated at Buy. Bain maintains Neutral ratings on both Wynn

and MGM

.