Jim Cramer - Mad MoneyVICI Properties VICIBUYFeb 24, 2023
Was the only real estate play to give a positive return last year on the S&P. Yesterday they reported another solid quarter; total revenues jumped 100% YOY in Q4. They own Caesars Palace and MGM Grand in Vegas.
Has recommended this REIT before. Safer than owning a casino because they own the casino's land. Trades at under 14x funds from operations. Expected to deliver 69% growth this year. Pays a 4.65% dividend.
The only positive real estate S&P stock this year. They own land at casinos, gold courses and wellness retreats. Up 9% this year. It's a safe way to play the travel and leisure boom, with a healthcare kicker. They own land beneath Las Vegas casinos, like MGM. Trades at 14x 2023 funds from operations. Buy it at these levels.
A REIT for casinos and golf courses. It's a good way to play the return of leisure and acts as an inflation hedge. Trades cheaply, and pays a 5.1% dividend. Up almost 8% in a week and has more room to run.
Was the only real estate play to give a positive return last year on the S&P. Yesterday they reported another solid quarter; total revenues jumped 100% YOY in Q4. They own Caesars Palace and MGM Grand in Vegas.