Melco Crown Entertainment is a holding company, engaged in the gaming and hospitality business. The Company is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market.
The stock is an out-performer with an average yearly return of 84%. On a short term we expect a consolidation of the price and we are not eager to buy it now. We consider the stock as a ‘HOLD’.
And now it is:[stock-tools exchange=”NYSE” symbol=”MPEL” image_height=”100″ image_width=”150″]