, would make great choices as they have the hallmarks of a dirt cheap stock with the potential to skyrocket. 1. MGM Resorts It would be inaccurate to say that MGM Resorts stock could skyrocket in price because it is already soaring. Share prices are up 33% year-to-date thanks to optimism surrounding its sports betting platform, BetMGM. The stock also looks poised for continued momentum as the coronavirus vaccine rollout helps bring tourists back to its brick-and-mortar casinos. Image source: Getty Images. Analysts at Morgan Stanley predict a "fast, strong recovery" in Las Vegas, noting strong airline ticket sales and increased hiring activity on the strip. MGM normally earns 40% of its revenue in Las Vegas, so a resurgence here would help boost its top line after a 60% decline to $5.2 billion in 2020. The company may also emerge from the crisis with a relatively intact balance sheet, helped by the well-timed leaseback sales of its MGM Grand and Mandalay Bay properties for a combined $4.25 billion in late 2019.