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Quant Picks: Three Casinos to Invest in Right Now

July 15, 2023
in Trade Tube
Reading Time: 1 min read
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Part of the reason casinos have been struggling is due to the economy. Many folks haven’t had much disposable income and, therefore, they have been less willing to ‘let it ride.’ As the recovery continues and people have some extra cash to burn, some of them are hitting the gaming tables. Even with Atlantic City recently flirting with bankruptcy, there are still some casinos investors can gamble on that have better odds than the roulette table. Let’s take a look at some of the best casinos TheStreet Quant Ratings says you should add to your portfolio, immediately. Number 3 is Monarch Casino. With a ‘B’ rating, the company’s strengths can be seen in its revenue growth and increase in net income. 2nd is, Churchill Downs. This rating is a ‘B.’ Churchill Downs thrives in its solid stock price performance and good cash flow from operations. Number 1 is Las Vegas Sans. With a ‘B’ rating the company’s high dividends outweigh its decrease in earnings per share. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.

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