Elon's $25 Trillion Confession

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Melco Resorts & Entertainment Ltd ADR
NASDAQ:MLCO
$8.02
Open 7.77 Prev Close 7.78
High 8.07 Low 7.76
Volume 475,543 Volume (Avg) 2,769
52 Week High 10.15 52 Week Low 4.55
Market Cap 3.1B PE Ratio 58.75

General

NameMelco Resorts & Entertainment Ltd ADR
TickerMLCO
ExchangeNASDAQ
SectorConsumer Cyclical
IndustryResorts & Casinos
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees21,784

About Melco Resorts & Entertainment Ltd ADR

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. The company operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Highlights

Analyst Target10.97
Market Cap3,131,100,000
PE Ratio58.75
PEG Ratio0.15
EBITDA1,048,992,000

Valuation

Trailing PE55.57
Forward PE14.41
Price/Sales (Trailing 12 Mt.)0.69
Price/Book (Most Recent Quarter)105.52

Technicals

Beta0.73
52 Week High10.15
52 Week Low4.55
50 Day Average-12.36%
200 Day Average15.20%

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