MBG is a contrarian stockThe second quarter was kind to Mandalay Bay. It reported net income of $38.1 millior, or $.48 per share, versus $23.6 million, or $.26 per share last year.
In the past gaming stocks have been contrarian to overall market performance. The market is going down, but MBG is currently at its three year high. It's a noteworthy balance in one's portfolio.