MSDL is a compelling opportunity trading at a deep discount to NAV with strong credit quality and a high yield.
Source Post
MGM and VICI: Finding Value in the Las Vegas Selloff | Value Options Podcast
Oct 15, 2026
The hosts discuss the current market environment, noting a significant detachment between business fundamentals and stock prices, particularly for small-cap, value, and cyclical stocks. They highlight opportunities in beaten-down sectors like real estate and BDCs, while expressing caution regarding the high valuations of AI-related hyperscalers.
Linked Mentions
Tickers discussed in this post
Micron appears cheap on a forward P/E basis, but its cyclical nature makes it difficult to determine if the current valuation is sustainable.
VICI is an obvious undervaluation, trading at 10x cash flow with a high, growing dividend and long-term lease security.
MGM is an attractive value opportunity following a failed acquisition and a broader selloff in consumer-facing stocks.