Sterne Agee thinks the sharp downward move in Macau-related casino stocks off of news of a...

|By:, SA News Editor

Sterne Agee thinks the sharp downward move in Macau-related casino stocks off of news of a government crackdown on junkets presents a buying opportunity. In discussions with operators in the region, the investment firm found that they expect enforcement to be largely symbolic and to only pose a minor effect on traffic.