We recently compiled a list of the 10 Firms Defy Market\u2019s Bullish Momentum<\/a><\/strong>.\u00a0<\/strong>In this article, we are going to take a look at where Las Vegas Sands Corp. (NYSE:LVS) stands against the other stocks.<\/p>\n Wall Street’s main indices all finished in the green territory on Wednesday, as investors cheered an unexpectedly slower inflation rate in December.<\/p>\n The Dow Jones jumped by 1.65 percent, while the S&P surged by 1.83 percent. Meanwhile, the Nasdaq Composite index soared 2.45 percent.<\/p>\n Ten companies under mixed sectors bucked an overall positive market sentiment amid a series of negative factors weighing on investor sentiment.<\/p>\n In this article, let\u2019s take a look at the reasons that dragged their shares performance.<\/p>\n To come up with the losers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.<\/p>\n The dazzling Las Vegas Strip lined with luxury Integrated Resorts, seen from a high elevation.<\/p>\n Las Vegas Sands Corp. (NYSE:LVS) saw its shares drop by 1.78 percent on Wednesday at $44.20 over the lack of fresh catalysts to perk up investing appetite.<\/p>\n On Wednesday, Las Vegas Sands Corp. (NYSE:LVS) declined in line with the broader gambling sector on Wall Street, losing 1.16 percent.<\/p>\n It did not help that a number of investment banking companies downgraded the company\u2019s rating from overweight to equal-weight, saying that all its upsides have already been priced in and that its five-year volatile trading has not really broken away in either direction.<\/p>\n Stephen Grambling, an analyst at JP Morgan, also believed that Las Vegas Sand (LVS)\u2019s Macau operations are being overestimated and has projected its growth below what other analysts on Wall Street are predicting.<\/p>\n He also cited the deflation and housing crisis in China as the main reasons for such pessimism, aggravated by the ongoing tensions between the US and China.<\/p>\n Overall LVS ranks 10th<\/strong> on our list of Wednesday’s losers. While we acknowledge the potential of LVS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LVS but that trades at less than 5 times its earnings, check out our report about the\u00a0cheapest AI stock<\/b><\/a>.<\/p>\n \u00a0<\/p>\n READ NEXT:<\/b> 8 Best Wide Moat Stocks to Buy Now<\/b><\/a> and<\/b> 30 Most Important AI Stocks According to BlackRock<\/b><\/a><\/p>\n \u00a0<\/p>\n Disclosure: None. This article is originally published at\u00a0Insider Monkey<\/a>.<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>