Top 10 Casino Stocks To Invest In 2019

tags:MC,PAI,IFF,OXY,FLWS,OCLR,MAS,PLAY,NG,PCYO,

The U.S. Supreme Court just struck down as unconstitutional the Professional and Amateur Sports Protection Act of 1992, which barred states from authorizing sports gambling.

While sports betting has been legal in Nevada for decades, the court said Congress had the right to regulate sports gambling if it wanted, but if it abdicated that responsibility, then the states could move forward on their own. Although the 6-3 decision doesn't automatically legalize sports betting everywhere, states can now set up their own regulatory framework to govern it.

Image source: Getty Images.

Ready to go all-in

Casino operators are obviously invigorated by the news, and many have been planning for this eventuality. They say they're ready to hit the ground running, and some are prepared to have sports book rooms in place within weeks.

For example, MGM Resorts (NYSE:MGM) issued a statement saying:

Top 10 Casino Stocks To Invest In 2019: Moelis & Company(MC)

Advisors' Opinion:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Moelis & Co (MC)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

  Moelis & Co (NYSE: MC) and Monroe Capital (NASDAQ:MRCC) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.

• [By Shane Hupp]

  Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Moelis & Co (NYSE:MC) by 57.5% during the second quarter, HoldingsChannel reports. The firm owned 15,006 shares of the asset manager’s stock after purchasing an additional 5,480 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Moelis & Co were worth $880,000 at the end of the most recent reporting period.

• [By Max Byerly]

  MAN Grp PLC/ADR (NYSE: MC) and Moelis & Co (NYSE:MC) are both mid-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

• [By Logan Wallace]

  Moelis & Co (NYSE:MC) has been given an average recommendation of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $62.17.

• [By Max Byerly]

  Moelis & Co (NYSE:MC) shares traded down 8.7% during mid-day trading on Thursday . The stock traded as low as $60.85 and last traded at $61.10. 920,800 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 398,993 shares. The stock had previously closed at $66.95.

Top 10 Casino Stocks To Invest In 2019: Pacific American Income Shares, Inc.(PAI)

Advisors' Opinion:

• [By Max Byerly]

  PCHAIN (CURRENCY:PAI) traded up 0.3% against the dollar during the 24 hour period ending at 0:00 AM E.T. on June 23rd. One PCHAIN token can now be bought for about $0.0807 or 0.00001322 BTC on exchanges including Bibox, IDEX and Hotbit. PCHAIN has a total market capitalization of $0.00 and $2.46 million worth of PCHAIN was traded on exchanges in the last 24 hours. During the last week, PCHAIN has traded 18.4% lower against the dollar.

• [By Shane Hupp]

  Project Pai (CURRENCY:PAI) traded down 6.5% against the US dollar during the 1 day period ending at 22:00 PM ET on July 11th. In the last week, Project Pai has traded flat against the US dollar. One Project Pai coin can currently be purchased for approximately $1.05 or 0.00016577 BTC on cryptocurrency exchanges including LBank, Bitfinex and Huobi. Project Pai has a total market capitalization of $0.00 and $86.99 million worth of Project Pai was traded on exchanges in the last day.

• [By Joseph Griffin]

  Here’s how similar cryptocurrencies have performed during the last 24 hours:

  Get PCHAIN alerts: Maker (MKR) traded down 2.8% against the dollar and now trades at $662.44 or 0.16972011 BTC. IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC. THETA (THETA) traded down 2.8% against the dollar and now trades at $0.13 or 0.00003297 BTC. Aurora (AOA) traded up 28.2% against the dollar and now trades at $0.0164 or 0.00000420 BTC. Pundi X (NPXS) traded down 3.5% against the dollar and now trades at $0.0006 or 0.00000016 BTC. IOST (IOST) traded down 3.4% against the dollar and now trades at $0.0078 or 0.00000200 BTC. Huobi Token (HT) traded 6.2% lower against the dollar and now trades at $1.79 or 0.00045840 BTC. Project Pai (PAI) traded up 69.2% against the dollar and now trades at $0.0608 or 0.00001557 BTC. MCO (MCO) traded 2.8% higher against the dollar and now trades at $4.39 or 0.00068464 BTC. Oyster (PRL) traded flat against the dollar and now trades at $0.51 or 0.00008001 BTC.

  PCHAIN Token Profile

• [By Stephan Byrd]

  PCHAIN (CURRENCY:PAI) traded down 1.2% against the dollar during the 1 day period ending at 0:00 AM E.T. on August 19th. PCHAIN has a market cap of $12.30 million and approximately $1.53 million worth of PCHAIN was traded on exchanges in the last 24 hours. Over the last week, PCHAIN has traded 9.6% lower against the dollar. One PCHAIN token can now be bought for about $0.0281 or 0.00000432 BTC on major exchanges including Bilaxy, Hotbit, DDEX and DEx.top.

Top 10 Casino Stocks To Invest In 2019: Internationa Flavors & Fragrances, Inc.(IFF)

Advisors' Opinion:

• [By Dan Caplinger]

  Monday was a positive day on Wall Street, with market participants being generally pleased with news that crude oil pushed above the $70-per-barrel mark before falling slightly below it. That helped lift the energy sector up, although some other concerns held back certain other sectors, limiting gains in most major indexes to less than 1% on the day. Moreover, some companies made announcements that were ill-received by the market. International Flavors & Fragrances (NYSE:IFF), Tower Semiconductor (NASDAQ:TSEM), and Dentsply Sirona (NASDAQ:XRAY) were among the worst performers on the day. Here's why they did so poorly.

• [By Chris Lange]

  The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was International Flabors & Fragrances Inc. (NYSE: IFF) which traded down about 10% at $127.28. The stock's 52-week range is $126.08 to $157.40. Volume was 3.2 million compared to the daily average volume of about half a million.

• [By WWW.GURUFOCUS.COM]

  For the details of Winder Investment Pte Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Winder+Investment+Pte+Ltd

  These are the top 5 holdings of Winder Investment Pte LtdInternational Flavors & Fragrances Inc (IFF) - 14,000,000 shares, 100% of the total portfolio. Shares added by 32.39%Added: International Flavors & Fr
• [By Logan Wallace]

  International Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 49,807 shares of the business’s stock in a transaction on Wednesday, May 16th. The stock was bought at an average price of $124.16 per share, with a total value of $6,184,037.12. Following the transaction, the insider now owns 11,800,000 shares in the company, valued at $1,465,088,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

• [By Lisa Levin]

   

  Companies Reporting After The Bell Hertz Global Holdings, Inc. (NYSE: HTZ) is projected to post quarterly loss at $1.31 per share on revenue of $1.97 billion. International Flavors & Fragrances Inc. (NYSE: IFF) is estimated to post quarterly earnings at $1.59 per share on revenue of $909.36 million. Zillow Group, Inc. (NASDAQ: ZG) is expected to post quarterly earnings at $0.06 per share on revenue of $294.79 million. General Cable Corporation (NYSE: BGC) is estimated to post quarterly earnings at $0.15 per share on revenue of $980.61 million. Central Garden & Pet Company (NASDAQ: CENT) is expected to post quarterly earnings at $0.84 per share on revenue of $598.45 million. Cabot Corporation (NYSE: CBT) is estimated to post quarterly earnings at $1 per share on revenue of $746.42 million. Fabrinet (NYSE: FN) is expected to post quarterly earnings at $0.71 per share on revenue of $319.71 million. National General Holdings Corp. (NASDAQ: NGHC) is projected to post quarterly earnings at $0.55 per share on revenue of $1.08 billion. The Navigators Group, Inc. (NASDAQ: NAVG) is estimated to post quarterly earnings at $0.75 per share on revenue of $320.92 million. Diplomat Pharmacy, Inc. (NYSE: DPLO) is expected to post quarterly earnings at $0.22 per share on revenue of $1.29 billion. Trex Company, Inc. (NYSE: TREX) is projected to post quarterly earnings at $1.19 per share on revenue of $172.22 million. AMC Entertainment Holdings, Inc. (NYSE: AMC) is expected to post quarterly earnings at $0.09 per share on revenue of $1.35 billion. Envision Healthcare Corporation (NYSE: EVHC) is projected to post quarterly earnings at $0.64 per share on revenue of $2.02 billion. Regal Beloit Corporation (NYSE: RBC) is estimated to post quarterly earnings at $1.23 per share on revenue of $869.64 million. Amedisys, Inc. (NASDAQ: AMED) is projected to post quarterly earnings at $0.67 per share on revenue of $39

Top 10 Casino Stocks To Invest In 2019: Occidental Petroleum Corporation(OXY)

Advisors' Opinion:

• [By Chris Lange]

  Occidental Petroleum Corp.'s (NYSE: OXY) short interest decreased to 6.42 million shares from the previous reading of 8.60 million. Shares recently traded at $84.10, in a 52-week range of $58.44 to $87.67.

• [By Stephan Byrd]

  ILLEGAL ACTIVITY NOTICE: “Occidental Petroleum Co. (OXY) Shares Bought by Csenge Advisory Group” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/4165402/occidental-petroleum-co-oxy-shares-bought-by-csenge-advisory-group.html.

• [By Stephan Byrd]

  Alps Advisors Inc. lessened its holdings in shares of Occidental Petroleum Co. (NYSE:OXY) by 27.5% during the second quarter, Holdings Channel reports. The institutional investor owned 561,301 shares of the oil and gas producer’s stock after selling 212,895 shares during the quarter. Alps Advisors Inc.’s holdings in Occidental Petroleum were worth $46,970,000 as of its most recent filing with the Securities & Exchange Commission.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Occidental Petroleum (OXY)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By ]

  Take one of our own holdings over at High-Yield Investing, Occidental Petroleum (NYSE: OXY). While grocery prices have increased by 35% since 2008, OXY's quarterly dividend distributions have risen from $0.25 to $0.78 per share -- an increase of 212%.

• [By Chris Lange]

  Occidental Petroleum Corp.'s (NYSE: OXY) short interest decreased to 10.54 million shares from the previous reading of 12.07 million. Shares recently traded at $66.16, in a 52-week range of $56.83 to $87.67.

Top 10 Casino Stocks To Invest In 2019: 1-800 FLOWERS.COM Inc.(FLWS)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on 1-800-Flowers.Com (FLWS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  1-800-Flowers.Com (NASDAQ:FLWS)‘s stock had its “buy” rating restated by analysts at Benchmark in a research note issued on Wednesday, Marketbeat.com reports. They presently have a $16.00 price objective on the specialty retailer’s stock, up from their previous price objective of $14.00. Benchmark’s price objective would suggest a potential upside of 26.28% from the company’s previous close.

• [By Max Byerly]

  1-800-Flowers (NASDAQ:FLWS) had its price target hoisted by DA Davidson from $10.00 to $11.00 in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the specialty retailer’s stock. DA Davidson also issued estimates for 1-800-Flowers’ FY2018 earnings at $0.42 EPS, Q1 2019 earnings at ($0.24) EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at ($0.16) EPS, Q4 2019 earnings at ($0.10) EPS and FY2019 earnings at $0.54 EPS.

• [By Motley Fool Transcribers]

  1-800-Flowers.com Inc (NASDAQ:FLWS)Q4 2018 Earnings Conference CallAug. 23, 2018, 11:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Top 10 Casino Stocks To Invest In 2019: Oclaro, Inc.(OCLR)

Advisors' Opinion:

• [By Steve Symington]

  Shares of Oclaro Inc. (NASDAQ:OCLR) fell 17.2% in April, according to data from S&P Global Market Intelligence, after the U.S. Department of Commerce announced a seven-year ban on sales by U.S. companies to China-based telecom equipment manufacturer ZTE (NASDAQOTH: ZTCOY).

• [By Anders Bylund]

  Shares of fiber-optic networking components specialist Oclaro (NASDAQ:OCLR) soared 32.5% higher in the first half of 2018, according to data from S&P Global Market Intelligence. The price boost here also is known as a buyout premium -- sector peer Lumentum Holdings (NASDAQ:LITE) is buying Oclaro for a cool $1.8 billion.

• [By Money Morning News Team]

  Oclaro Inc. (Nasdaq: OCLR) is a Silicon Valley-based semiconductor equipment company. It is a designer, manufacturer, and marketer of modules, optical components, and subsystems for data center, metro, and long-haul markets worldwide.

• [By Elizabeth Balboa]

  Acacia Communications, Inc. (NASDAQ: ACIA) fell 4.3 percent and Oclaro Inc (NASDAQ: OCLR) 1.1 percent, while Applied Optoelectronics Inc (NASDAQ: AAOI) and Lumentum Holdings Inc (NASDAQ: LITE) dipped marginally.

• [By Ezra Schwarzbaum]

  Oclaro Inc (NASDAQ: OCLR) was up 5.95 percent. Shares of the company had dropped 15.2 percent when the ban was first announced.

  Applied Optoelectronics Inc (NASDAQ: AAOI) was trading up 1.4 percent. The stock was relatively unaffected by the ban, trading down as much as 5.3 percent on April 16 but ultimately ending the day within 1 percent of its previous close.

• [By Peter Graham]

  Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is the most shorted stock on the NASDAQ with short interest of 62.65% according to Highshortnterest.com.

Top 10 Casino Stocks To Invest In 2019: Masco Corporation(MAS)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on Masco (MAS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Masco (MAS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Max Byerly]

  Masco (NYSE:MAS) was upgraded by stock analysts at Evercore ISI to an “outperform” rating in a research report issued to clients and investors on Monday, The Fly reports.

• [By Stephan Byrd]

  Richard Bernstein Advisors LLC bought a new stake in shares of Masco Corp (NYSE:MAS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 102,647 shares of the construction company’s stock, valued at approximately $3,841,000.

Top 10 Casino Stocks To Invest In 2019: Dave & Buster's Entertainment, Inc.(PLAY)

Advisors' Opinion:

• [By Chris Lange]

  Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) reported its fiscal second-quarter financial results before the markets opened on Friday. The company said that it had $0.84 in earnings per share (EPS) and $319.2 million in revenue, which compares with consensus estimates that called for EPS of $0.67 and $315.25 million in revenue. The same period of last year reportedly had $0.71 in EPS on revenue of $280.75 million.

• [By Jeremy Bowman, Steve Symington, and Demitrios Kalogeropoulos]

  Still, there are stocks that are poised to pop this month. Keep reading to see why these three Motley Fool contributors think you should keep your eye on The TJX Companies (NYSE:TJX), Adobe Systems (NASDAQ:ADBE), and Dave & Buster's Entertainment (NASDAQ:PLAY).

• [By Paul Ausick]

  Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) traded down nearly 22% Monday and posted a new 52-week low of $44.00 after closing Friday at $56.37. The 52-week high is $73.48. Volume was about 7.5 million, more than six times the daily average of around 1.2 million shares. The company lowered fourth quarter guidance this morning.

• [By Logan Wallace]

  Dynamic Technology Lab Private Ltd acquired a new position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) in the second quarter, Holdings Channel reports. The fund acquired 45,243 shares of the restaurant operator’s stock, valued at approximately $2,154,000.

• [By Jim Crumly]

  As for individual stocks, RH (NYSE:RH) jumped on strong profit growth and Dave & Buster's Entertainment (NASDAQ:PLAY) rose after reporting first-quarter results and announcing plans for expanding its offering of exclusive virtual reality titles.

• [By Rick Munarriz]

  Dave & Buster's Entertainment (NASDAQ:PLAY), Habit Restaurants (NASDAQ:HABT), and Del Frisco's Restaurant Group (NASDAQ:DFRG) are three stocks in this space that I feel offer healthy upside at current levels. All three are trading below their highs, but there are good reasons why they should be worth more than they are at the moment. Pull up a seat. I'll serve you this three-course meal. 

Top 10 Casino Stocks To Invest In 2019: Natural Gas(NG)

Advisors' Opinion:

• [By Logan Wallace]

  NovaGold Resources Inc. (TSE:NG) (AMEX:NG) insider David Ottewell sold 60,309 shares of the business’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of C$4.85, for a total value of C$292,498.65.

• [By Max Byerly]

  NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) VP David A. Ottewell sold 60,309 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $3.73, for a total value of $224,952.57. Following the transaction, the vice president now owns 645,385 shares in the company, valued at $2,407,286.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

• [By Money Morning Staff Reports]

  Canadian gold mining company NovaGold Resources Inc. (NYSE: NG) shows an even starker change in sentiment. In the last 12 months, the volume of short bets on the stock declined 79%, to 522,400.

Top 10 Casino Stocks To Invest In 2019: Pure Cycle Corporation(PCYO)

Advisors' Opinion:

• [By Max Byerly]

  Artesian Resources Co. Class A (NASDAQ: ARTNA) and Pure Cycle (NASDAQ:PCYO) are both small-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.

• [By Logan Wallace]

  Media headlines about Pure Cycle (NASDAQ:PCYO) have been trending somewhat negative recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pure Cycle earned a news impact score of -0.19 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.6210374255656 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

• [By Logan Wallace]

  BidaskClub lowered shares of Pure Cycle (NASDAQ:PCYO) from a buy rating to a hold rating in a report issued on Tuesday.

  Pure Cycle stock opened at $11.55 on Tuesday. Pure Cycle has a 12-month low of $6.65 and a 12-month high of $11.74.