Barron' Cautious On Casino Stocks WIth Macau Exposure

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"Casinos' incredible streak of Macau-inspired, winning hands just ended. Should you take the bulls' advice and double your bets? Sure, sin stocks -- companies pushing tobacco, alcohol, gambling -- are famously non-cyclical, since people can afford to gamble when they're flush, and feel compelled to gamble when they're not. But there are times -- remember the riverboat craze? -- when too many people are betting on certain casinos, and this is one of them. It's awfully hard not to be taken in by Macau or Vegas, with their skylines of shimmering signs and eagerness to help you delay the dawn. But things often look different in the morning." -- Kopin Tan

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