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Curious if the forum has opinions about casino stocks. Are there any casino stocks that have a high risk / high reward factor that are worth looking into? Also are there any long and steady casino stocks with an upward trend. Iā?‚??„?d like some recommendations because there are so many of these stocks itā?‚??„?s hard to find the best of breed or upward movers.
Thanks all,
NorCal
re: casinos
I was very impressed with the CEOs from Harrahs and Wynn Resorts, in some tv special I was watching on the casino business. Cramer also mentions Boyd Gaming and then there is Trump, but I don't like him that much.
re: casinos
I picked up some WYNN, yesterday, see my posts under "entertainment and comfort stocks" for further info. Harrah's is really cranking, this morning, too. 8)
I've been eyeing this sector especially Harrah's. I think short term Harrah's has the best potential. Although, WYNN looks under valued and will probably have a bigger bounce within a year. The decision between WYNN and Harrahā?‚??„?s is better management vs better potential. Honestly Iā?‚??„?m in a juxtaposition between the two stocks, but I will make a move by next Friday. I defiantly ruled out Trump, unless we are discussing hair transplant stocks. http://onlinetradersforum.com/styles/default/xenforo/clear.png
re: casinos
Big gains, today, watch for a good entry point. Wasn't interested in Trump, either. I'm with you, there.
I like Harrahs but plan to stay out of the Casinos for a little bit. A few weeks ago after Cramer recommended Harrahs the earnings report came out and it was so-so. The managment though made is sound great and the stock got smacked a few days. He became nervous about the sector and I was too. But maybe now everything has cooled down.
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