Las Vegas Sands stock showed upward momentum following speculation about China's enhanced economic stimulus measures for 2025, with research firm Hedgeye adding it as a new long recommendation with 20-30% potential upside.

Hedgeye analyst Sean Jenkins highlights several bullish factors for Las Vegas Sands (LVS):

• Sands China's dominant position in Macau with five casino hotels
• Strong market share in mass and premium mass segments
• Potential benefits from China's planned monetary policy loosening
• Undervalued growth prospects at Marina Bay Sands in Singapore
• Recent dividend increase to $0.25 per share
• New $2 billion share buyback program

China's Politburo has indicated plans for "moderately" looser monetary policy and "more proactive" fiscal measures in 2025. President Xi Jinping emphasized building confidence in the Chinese economy, which could directly benefit Macau's gaming sector.

The company's capital return program demonstrates confidence in its financial position, while consensus estimates for Macau gross gaming revenue may be overly conservative. The Londoner integrated resort's potential impact and Singapore operations' growth prospects appear undervalued by current market assessments.

These factors, combined with China's stimulus plans and Las Vegas Sands' strong market position, suggest significant growth potential for the company's stock.

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