Today's Research on Expedia, Wyndham Worldwide, MGM Resorts, Las Vegas Sands, and Penn National Gaming
LONDON, April 2, 2013 /PRNewswire/ --
Markets started their new trading week on a positive note. However, the sentiments were short lived as weak manufacturing data put a dampener on the stocks, causing major indices to close in the red zone. However, the downward movement was accompanied by low volumes, indicating that the long-term bullish trend is still intact. We took a look at Hospitality & Leisure sector which includes companies like Expedia Inc. (NASDAQ: EXPE), Wyndham Worldwide Corporation (NYSE: WYN), MGM Resorts International (NYSE: MGM), Las Vegas Sands Corp. (NYSE: LVS) and Penn National Gaming Inc. (NASDAQ: PENN). StockCall professionals have completed their technical analysis on EXPE, WYN, MGM, LVS, and PENN and these free reports are accessible by registering at
http://www.stockcall.com/research
Expedia Inc. gained marginally with above average volume ending its latest session at $60.50. The stock ended 0.81 percent higher than its previous close on Monday. Its volume for the day stood at 3.27 million shares. The stock is currently trading lower than its 20-day SMA and 50-day SMA of $60.54 and $60.61 respectively. Its first resistance level is at $61.70 while it may tumble to $59.44 before receiving any support. Expedia's stock is up 1.92 percent on a YTD basis, while offering 0.86 percent dividend yield. Sign up for the free technical research on EXPE at
http://www.StockCall.com/EXPE040213.pdf
Wyndham Worldwide Corporation ended Monday's trading session at $64.27, down 0.33 percent from its previous close. With its latest downward movement, the stock is now up 23.29 percent on a YTD basis, while its 52 weeks gain stands at 38.19 percent. Wyndham's stock oscillated in the range of $64.10 and $64.78 during the session. It traded 1.37 shares and shows a mild bearish trend. Be sure to read our latest technical research on WYN by registering at
http://www.StockCall.com/WYN040213.pdf
MGM Resorts International sank in yesterday's trading session. The stock closed 2.51 percent lower at $12.82 with below average volume of 7.69 million shares, showing a bearish trend on Monday. MGM Resorts has its first support level at $12.59. Upon breaching this level, its next support level is at $12.09. The Resorts & Casinos stock is currently trading near its 52-week high of $14.11, while its 52-week low stands at $8.83. The company commands market capitalization of $6.27 billion. Sign up and read the complimentary report on MGM at
http://www.StockCall.com/MGM040213.pdf
Las Vegas Sands Corp. closed its latest trading session at $55.36, down 1.76 percent from its previous close. The stock traded in the range of $55.21 and $56.70 in yesterday's session and traded 3.79 million shares. It is likely to face its first resistance level at $55.77 and upon breaching this level the stock may go up to $58.52. On the downside, Las Vegas Sands Corp. may tumble to $53.69 level. The stock is highly volatile as it sports the beta of 3.63. The free report on LVS can be downloaded by signing up now at
http://www.StockCall.com/LVS040213.pdf
Penn National Gaming Inc.'s stock is up 12.67 percent on a YTD basis, thanks to its 0.29 percent gain in Monday's trading session. The stock closed at $54.59 after trading in the range of $54.43 and $54.98. The stock shows a bullish streak and may touch $56.71 level. Its second resistance level is at $57.25. It traded 796,236 shares during yesterday's session, up from its average trading volume of 655,021 million. The company gained 27.01 percent in the past 52 weeks. Free report on PENN can be accessed by registering at
http://www.StockCall.com/PENN040213.pdf
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