MGM Resorts Jumps Above Buy Point, Leads S&P 500 As Analysts See Las Vegas Rebound

MGM Resorts International gapped above a buy point Wednesday after two analysts upgraded the stock, citing improving Las Vegas trends. MGM stock is the best-performer in the S&P 500 today. JPMorgan Chase analysts led by Daniel Politzer told clients that growth should improve in the coming months vs. easier comparisons and as U.S. leisure travelers remain resilient.