Vetr Crowd Upgrades, Sees MGM As 4.5-Star Stock, Crowd-Sourced Price Target Implies 10% Upside


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of MGM Resorts International (NYSE: MGM) have lost more than 8 percent since the start of the new year, partly due to ongoing concerns over the Macau gaming region.

Despite the poor start to 2016, the Vetr crowd upgraded MGM Resorts' stock rating to 4.5 stars out of a possible five stars. In fact, shares of MGM Resorts has risen to $20.49 since the prior rating of four stars was issued just two days ago.

MGM Resorts stock isn't a particularly popular one, as less than 2 percent of the Vetr crowd are holding the issue in their watch-list. However, 100 percent of the crowd's ratings are bullish and the crowd-sourced price target of $23.06 implies an upside of more than 10 percent.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Analyst ColorCrowdsourcingAnalyst RatingsGeneralcasinocasino stocksVetrVetr Crowd