Penny Stocks

Should Investors Invest in Casino Stocks?

Several subscribers showed an interest in casino stocks and gaming stocks, specifically, Caesars Entertainment Inc. (CZR), Las Vegas Sands Corp. (LVS), MGM Resorts International (MGM), Wynn Resorts Limited (WYNN), and Melco Resorts & Entertainment (MLCO).

This is one of my continuing subscriber request Tuesday video series where I cover stocks that were requested by you my valued subscribers. Several subscribers showed an interest in casino stocks and gaming stocks, specifically, Caesars Entertainment Inc. (CZR), Las Vegas Sands Corp. (LVS), MGM Resorts International (MGM), Wynn Resorts Limited (WYNN), and Melco Resorts & Entertainment (MLCO).

These are not common stocks that I have followed or researched thoroughly. Therefore, what I am presenting here is simply what I found by viewing them through the lens of FAST Graphs – the fundamentals analyzer software tool. After reviewing each of these companies, my advice would be to not Gamble your investment dollars on any of these. On the other hand, if you feel compelled to gamble, then I would visit the casinos themselves. Most of them provide free entertainment, free cocktails, and luxury hotels with spas and some even offer five-star Michelin restaurants. So gamble for the entertainment value, but not with your serious money.

 

Disclosure:  No positions.

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Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.

Originally Posted by FAST Graphs