Given its better prospects, we believe MGM Resorts stock (NYSE: MGM) is a better pick than Boston Scientific stock (NYSE: BSX). That said, both stocks have the potential for robust gains in the next three years. Although these companies are from different sectors, we compare them because they have a similar revenue base of around $13 billion. The decision to invest often comes down to finding the best stocks within the parameters of certain characteristics that suit an investment style. The size of profits can matter, as larger profits can imply greater market power. Since these stocks are from different sectors, comparing P/S against one another may not be helpful. We compare their current multiples with the historical ones in the sections below to better gauge their valuations. We also compare a slew of other factors, such as historical revenue growth and operating margins, in an interactive dashboard analysis of Boston Scientific vs. MGM Resorts: Which Stock Is A Better Bet? Parts of the analysis are summarized below.
BSX stock has seen solid gains of 45% from levels of $35 in early January 2021 to around $50 now, vs. an increase of about 15% for the S&P 500 over this roughly 3-year period. BSX is one of a handful of stocks that have increased their value in each of the last three years, but that still wasn’t enough for it to consistently beat the market. Returns for the stock were 18% in 2021, 9% in 2022, and 5% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 13% in 2023 – indicating an underperformance for the ticker in 2021 and 2023.
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