Do Not Gamble On Casino Stocks

Photo by Kvnga on Unsplash

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.

Video length 00:11:39

Disclosure: No positions.

Disclaimer: The opinions in this article are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks ...

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Angry Old Lady 1 week ago Member's comment

With Covid far from over, I think online casino companies are the way to go. All those gambling addicts need to spend their money somewhere!

Harry Sinclair 1 week ago Member's comment

Love the irony of this title.