LAS VEGAS SANDS CORP (NYSE:LVS) Screens as a High Growth Momentum Stock with Strong Technicals

LAS VEGAS SANDS CORP (NYSE:LVS) has recently appeared in a screening method that joins Mark Minervini's strict Trend Template with a High Growth Momentum (HGM) filter. This two-part method aims to find stocks displaying both strong technical momentum and solid business growth, a pairing that has often come before major price gains. The method favors stocks already in clear uptrends, as described by Minervini's particular moving average and price strength rules, while also requiring proof of increasing earnings and sales growth to support further progress.

Technical Strength: Following the Minervini Trend Template

The basis of the selection method is the Minervini Trend Template, a group of technical rules made to filter for stocks in strong, verified uptrends. LAS VEGAS SANDS CORP currently meets the main parts of this template, indicating good institutional support and positive price momentum.

• Price Above Key Moving Averages: The stock is trading well above its 50-day ($57.41), 150-day ($50.60), and 200-day ($47.96) simple moving averages. This arrangement confirms the stock is in a continuing bull market phase across short, intermediate, and long-term periods.
• Upward-Sloping Moving Averages: The 150-day and 200-day moving averages are both in clear uptrends, showing steady buying pressure and a good long-term base for the rise.
• Proper Moving Average Alignment: The 50-day moving average is located above both the 150-day and 200-day averages, while the 150-day is above the 200-day. This "stacked" arrangement is a typical sign of a strong, speeding uptrend.
• Proximity to Highs: The current price is more than 125% above its 52-week low of $30.18 and is trading within 0.2% of its 52-week high of $68.42. Minervini's thinking stresses that real market leaders reach new highs, and LVS is showing this trait.
• Superior Relative Strength: With a ChartMill Relative Strength rating of 87.02, LVS is doing better than 87% of all stocks in the market. High relative strength is a vital filter as it finds sector leaders that often lead market rallies.

Fundamental Fuel: Meeting High Growth Momentum Stock Standards

Besides a technically good chart, the method needs the fundamental driver of high growth. LAS VEGAS SANDS CORP shows this through notable earnings speed-up and positive analyst opinion, important parts for a High Growth Momentum (HGM) rating of at least 4.

• Strong Quarterly Earnings Growth: The latest quarter displayed a year-over-year EPS growth of 77.3%, a major speed-up from the 43.6% growth in the previous quarter. This type of strong earnings jump often works as a trigger, pulling in institutional investors.
• Positive Earnings Revisions: Analyst positive outlook is increasing, with the average EPS estimate for the next fiscal year being changed upward by 9.13% over the last three months. Upward revisions are a strong leading sign, hinting that the company's growth potential could be better than earlier thought.
• Consistent Earnings Surprises: The company has exceeded EPS estimates in three of the last four quarters, with an average surprise of 18%. This record of beating expectations builds trust and can lead to multiple growth.
• Solid Revenue Expansion: Top-line growth stays healthy, with sales in the last quarter growing 24.2% year-over-year. This shows that earnings growth is being pushed by rising demand, not just cost reduction.
• Improving Profitability: The profit margin in the last reported quarter was 12.58%, showing a gain and reflecting the company's ability to change revenue into earnings effectively.

Market Context and Technical Summary

The stock's good technical position is further backed by the present market situation, where the S&P 500's short-term trend is positive. According to the detailed ChartMill Technical Report, LVS gets a near-perfect technical rating of 9 out of 10. The report points out the stock's steady performance across all time frames, its leading position within the Hotels, Restaurants & Leisure industry, and its recent move to a new 52-week high. While the report mentions that the stock could be stretched in the very short term, waiting for a possible pause, the main technical view stays clearly positive.

For a full breakdown of the support levels, trend study, and automated setup review, readers can check the full technical report for LVS.

Find More Possible Candidates

LAS VEGAS SANDS CORP is an example of the kind of stock that can be found by joining momentum investing with growth basics. Investors searching for similar chances can use the same screening process to find other stocks that satisfy these strict requirements. You can find more possible candidates by using the High Growth Momentum + Trend Template screen on ChartMill.

Disclaimer: This article is for informational and educational purposes only and is not intended as investment advice. The analysis does not constitute a recommendation to buy, sell, or hold any security. All investing involves risk, including the possible loss of principal. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.