MGM and VICI: Finding Value in the Las Vegas Selloff | Value Options Podcast

Value/cyclical stocks and quality dividend names have detached sharply from fundamentals while AI mega-caps mask broad market weakness.

• MGM-VICI thesis: Barry Diller's IAC-related bid for MGM at $45-$48/share collapsed in September on rising financing rates and weak consumer spending; stock now trades near $28-$29, with VICI (MGM/Caesars landlord) at 10x cash flow and an 8% growing dividend.
• Quality/dividend selloff: Bond-proxy 'quality' stocks (Nike down ~80% in five years, Lululemon, Pepsi, McDonald's, utilities, REITs) have been crushed alongside small/micro/value names as long rates rise and energy nears $100/bbl.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.