Jim Cramer: Las Vegas Sands and MGM are a Good Bet, and 2 Other Stock Picks

Jim Cramer made the following calls on September 18th, 2013. What do you think about his picks?

Las Vegas Sands Corp. (NYSE:LVS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 20, 2013. The stock’s 52-week high is $64.72, and its 52-week low is $40.28. Cramer was a fan of Las Vegas Sands, which recently has posted strong showings on its Asian properties. However, some have expressed concerns that Las Vegas Sands may be out of places to expand to, especially given that its planned casino in Madrid has been hurt by an anti-smoking law passed by the Spanish government.

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MGM Resorts International (NYSE:MGM): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 20, 2013. The stock’s 52-week high is $19.88, and its 52-week low is $9.15. Cramer gave MGM his stamp of approval, given that the casino business is sure to be on the upswing as the economy improves. MGM is expected to benefit from increased revenues in Las Vegas and Macau, as well as a new project in Cotai that is on track to be up and running by 2016.

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Melco Crown Entertainment Ltd. (NASDAQ:MPEL): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on July 21, 2011. The stock’s 52-week high is $31.95, and its 52-week low is $12.50. Despite putting up strong numbers over the course of the past two months, Cramer didn’t have good feelings about the stock, claiming that MGM was a better choice if one wanted to invest in the sector.

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Lincoln National Corp. (NYSE:LNC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on June 15, 2012. The stock’s 52-week high is $45.46, and its 52-week low is $22.51. A consistent performer over the last year, Cramer was optimistic about the future of Lincoln National, claiming that it is something that many hedge fund managers will be looking to add to their portfolios toward the end of the year. Cramer also noted that around 40 percent of the company’s earnings come from investment spreads, which he sees as a significant plus.

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