Market Overview

Jim Cramer Thinks Las Vegas Sands (LVS) Is Too Speculative

When asked for opinion about Las Vegas Sand (NYSE: LVS), CNBC’s Mad Money Jim Cramer said that this stock has already quadrupled and it is very speculative. Cramer would rather see new investors in Wynn Resorts (NASDAQ: WYNN) or even better BP (NYSE: BP). BP (BP) will, in his opinion, go higher.

Las Vegas Sands (LVS) was in the red zone on Friday, just like Wynn Resorts (WYNN). BP (BP) was trading between $54.30 and $54.92.

Posted-In: Jim CramerCNBC Long Ideas Jim Cramer Media Trading Ideas

 

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