Gaming sector ETFs show rising allocations to MGM, signaling broad market confidence and supporting the mgm stock price forecast in diversified investment strategies. For Watsa, the Canadian “Warren Buffett”, focus should always be on value investing, focusing on strong businesses at fair prices. Significantly, in the roughly one-year period leading up to the last 10 weeks, the trajectory of MGM stock broken down over 10-week intervals has been leaning bearishly. The 2-8 sequence may represent the last hurrah among the pessimists. Stated differently, the bears could be getting exhausted, presenting an open door for bullish contrarians. The mgm stock price forecast currently integrates a 5% sector premium over historical averages due to sustained tourism growth and elevated corporate event bookings in Las Vegas venues.