LVS, Las Vegas Sands Corp.


Every self-respecting conservative and well diversified portfolio should have at least a solid chunk of LVS in it. Today, Dec. 13 of 2013 is as good a day as any to have a good look at this stock. Like so many others it appears close to completing an A-B- rebound from the lows of almost zero. It is also quickly approaching the 62% Fibo  level which often defines retracement levels. It trades at a very modest p/e of 29+ X. We think it is high time to take your chips off the table.