QRFT0.030%
as of Jul 8
MGM
GrowthMGM RESORTS INTERNATIONAL
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms.
Close · 3M
+30.02%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals2
Win rate100% (2/2)
Avg buy return+21.18%
QRFT · New entry · 1d
The AI-managed ETF likely initiated this small position in MGM based on anticipated improvements in consumer discretionary spending, potentially driven by a recovering leisure and entertainment sector or specific growth catalysts within the company that the model has identified. For retail investors, this signals a potential, yet cautious, AI-driven belief in future growth for consumer discretionary, but independent due diligence is crucial given MGM's elevated valuation and the small initial weighting. Do not blindly replicate the trade without understanding the underlying factors and your own risk tolerance.
weight 0 → 0.030% (new)·stock up 4.3% in the 30 days before
May 4·entry $38.24·now $46.34Chased
+21.18%
since May 4
AIEQ · Exit · 1d
Amplify ETFs' AIEQ, leveraging IBM Watson NLP for daily market analysis, removed MGM Resorts from its portfolio on May 30th. The fund's methodology, which constantly evaluates thousands of US equities to maintain a dynamic portfolio of 140-180 stocks, likely detected a shift in its combined fundamental and sentiment ranking for the Consumer Discretionary company. Given MGM's current price at 100% of its 52-week high and a PER of 61.24, the AI's complex valuation model might have signaled diminished upside potential or an overextended position relative to other available US equities. This prompt removal aligns with AIEQ's high-turnover nature and the daily output of IBM Watson's ranking system, indicating that MGM no longer met the specific criteria for inclusion within its dynamically managed asset pool.
weight 0.380% → 0 (exited)·stock up 11.2% in the 30 days before
May 30·entry $50.69·now $46.34
-8.58%
since May 30
AIEQ · New entry · 1d
The AI ETF likely identified emerging positive market sentiment or technical buy signals for the consumer cyclical sector, anticipating future growth in hospitality and gaming for MGM that is not yet fully reflected in its modest revenue growth but could justify its high valuation multiples. Retail investors should understand that AI often prioritizes forward-looking catalysts, alternative data, or technical indicators, rather than just historical fundamentals, when making investment decisions like this new entry.
weight 0 → 0.370% (new)·stock up 4.7% in the 30 days before
May 3·entry $38.24·now $46.34Chased
+21.18%
since May 3
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.