Oct
21
Sell, Buy, Hold: Busy Times for Top Macau Casino Analyst
By-
Daiwa’s Soo changes stock’s rating three times in two months
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Changes come as Macau casino stocks face higher volatility
Sands China Ltd.’s top stock prognosticator has been changing his mind a lot lately.
Daiwa Securities Group Inc.’s Jamie Soo has switched his investment ratings on Sands China three times in the past two months, going from a hold to a sell, then upgrading to a recommendation equivalent to a buy before returning to a hold. Soo’s worth watching as his calls on Macau casinos over the past year have delivered the best returns among analysts tracked by Bloomberg…