On Tuesday, April 10th, Peter Snow pitched Las Vegas Sands (NYSE: LVS) to add to the Consumer Discretionary Sector holdings. Las Vegas Sands Corp. is a global operator of integrated resorts that specializes in developing premium accommodations that feature gaming, high-end shopping, unique entertainment, fine dining and a variety of other amenities. The Company operates integrated resorts in both Asia and the United States. Peter believes Las Vegas Sands is well positioned to capitalize on the first period of strong synchronized global economic growth in a decade. In Macao, the company will benefit from increased visitation and spending from the premium mass segment, as well as new transportation options for visitors to the peninsula. In Singapore, higher VIP spending coupled with exceptional operating margins will lead to further increases in free cash flow; while in Las Vegas, a healthy U.S. consumer in tandem with growth in convention related bookings will increase revenues. The legalization of casino gaming in Japan will serve as an additional catalyst for LVS’ stock. Peter recommended purchasing 150 shares of LVS, while selling 160 shares of CMCSA, 50 shares of NKE, and 20 shares of XLY. The motion passed unanimously.