Top 5 Casino Stocks To Watch Right Now

When casino gambling is legalized in Japan, we’re going to see an all-out spending war among resort operators because it could become the world’s most lucrative market. And because of the potential Japan offers casino operators, the feeding frenzy they promise could also make it the most expensive gambling market in the world.

How much is too much?

The big casinos certainly want to spend big. Las Vegas Sands (NYSE:LVS) says a new integrated resort in Japan will cost anywhere from $6 billion to $10 billion, two to three times more than it spent on building its brand new French-themed Parisian resort in Macau. MGM Resorts (NYSE:MGM) says it, too, could spend $10 billion for a new casino in Japan, quadruple the cost of its MGM Cotai that’s scheduled to open later this year. Wynn Resorts (NASDAQ:WYNN) hasn’t put a price tag on it yet, though it spent over $4 billion to open the Palace in Macau last August, but CEO Steve Wynn says the opportunity is “thoroughly delicious.”

Image source: Getty Images.

Top 5 Casino Stocks To Watch Right Now: Blackrock Municipal Bond Trust(BBK)

Advisors’ Opinion:

  • [By Shane Hupp]

    Doliver Capital Advisors LP trimmed its stake in shares of Blackrock Municipal Bond Trust (NYSE:BBK) by 26.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,260 shares of the financial services provider’s stock after selling 3,598 shares during the quarter. Doliver Capital Advisors LP owned about 0.10% of Blackrock Municipal Bond Trust worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Joseph Griffin]

    Media coverage about BlackRock Municipal Bond Trust (NYSE:BBK) has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BlackRock Municipal Bond Trust earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 47.5280376576675 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Top 5 Casino Stocks To Watch Right Now: Tennessee Valley Authority(TVE)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Tamarack-Valley-Energy-Ltd (CVE:TVE) insider Ronald Steve Hozjan sold 7,000 shares of the business’s stock in a transaction dated Thursday, June 21st. The stock was sold at an average price of C$4.20, for a total value of C$29,400.00.

  • [By Joseph Griffin]

    News articles about Tennessee Valley Authority Debenture Series A (NYSE:TVE) have been trending somewhat negative on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tennessee Valley Authority Debenture Series A earned a media sentiment score of -0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.8115881519925 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

  • [By Shane Hupp]

    Tamarack-Valley-Energy (CVE:TVE) had its price objective raised by equities research analysts at BMO Capital Markets from C$3.75 to C$4.50 in a research note issued on Friday. BMO Capital Markets’ target price points to a potential downside of 82.02% from the stock’s current price.

Top 5 Casino Stocks To Watch Right Now: PetroChina Company Limited(PTR)

Advisors’ Opinion:

  • [By Ethan Ryder]

    These are some of the news stories that may have effected Accern Sentiment’s analysis:

    Get PetroChina alerts:

    PetroChina Company Limited (PTR) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com) PetroChina to spend 5.3 bln yuan on Chongqing gas storage: Xinhua (reuters.com) UPDATE: Bernstein Upgrades Petrochina (PTR) to Outperform (streetinsider.com) Kunlun Energy Company Limited — Moody’s changes Kunlun Energy’s outlook to stable from negative (finance.yahoo.com) PetroChina (PTR) Upgraded at Sanford C. Bernstein (americanbankingnews.com)

    Shares of PetroChina traded down $0.85, reaching $82.35, during midday trading on Friday, Marketbeat Ratings reports. The company had a trading volume of 165,409 shares, compared to its average volume of 150,236. The company has a market capitalization of $152.09 billion, a P/E ratio of 46.26 and a beta of 1.43. PetroChina has a 52-week low of $60.69 and a 52-week high of $84.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.55 and a current ratio of 0.82.

  • [By Ethan Ryder]

    PetroChina (NYSE: PTR) and Callitas Health (OTCMKTS:MPHMF) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations.

  • [By Lisa Levin] Gainers
    Shineco, Inc. (NASDAQ: TYHT) rose 34.7 percent to $2.29 in pre-market trading following Q3 results. Shineco posted Q3 earnings of $0.21 per share on sales of $13.3 million.
    Carver Bancorp, Inc. (NASDAQ: CARV) rose 15.8 percent to $12.74 in pre-market trading after surging 201.37 percent on Thursday.
    LiveXLive Media, Inc. (NASDAQ: LIVX) shares rose 11.5 percent to $7.75 in pre-market trading after climbing 64.50 percent on Thursday.
    Eiger BioPharmaceuticals, Inc. (NASDAQ: EIGR) rose 9 percent to $18.30 in pre-market trading after climbing 41.77 percent on Thursday.
    AmTrust Financial Services Inc (NASDAQ: AFSI) rose 6.2 percent to $14.25 in pre-market trading after a 13D filing from Carl Icahn shows a new 9.38 percent stake in the company. The filing also shows language from Icahn that strongly opposes a go-private transaction.
    Cerner Corporation (NASDAQ: CERN) rose 5.6 percent to $64.02 in pre-market trading after the Department of Veterans Affairs reported an agreement with Cerner Government Services, Inc. to provide seamless care for veterans.
    PetroChina Company Limited (NYSE: PTR) shares rose 5.3 percent to $82.05 in pre-market trading.
    TC PipeLines, LP (NYSE: TCP) shares rose 5.2 percent to $26.59 in the pre-market trading session.
    IQVIA Holdings Inc. (NYSE: IQV) shares rose 4.8 percent to $102.50 in pre-market trading as the company pulled secondary offering 'in light of recent market conditions'.
    Axon Enterprise, Inc. (NASDAQ: AAXN) rose 4.5 percent to $59.70 in pre-market trading. On Thursday, Axon priced its 4.3 million share offering of common stock at $53 per share.
    The Trade Desk, Inc. (NASDAQ: TTD) rose 4.5 percent to $84 in pre-market trading.
    PetIQ Inc (NASDAQ: PETQ) rose 3.9 percent to $18.96 in pre-market trading after a 13G filing shows a new 5.05 percent stake by the State of New Jersey's Division of Investment.
    Mattel, Inc. (NASDAQ: MAT) shares rose 3.7 percent to $15.85 in pre-market
  • [By Paul Ausick]

    But the Cupertino behemoth won’t be the first publicly traded company to reach that valuation. More than 10 years ago, China’s state-controlled oil giant PetroChina Co. Ltd. (NYSE: PTR) posted a market cap of $1.005 trillion on the day of its initial public offering in Shanghai. The class A shares went out at 16.7 yuan, and the stock nearly tripled on its first day of trading to 43.96 yuan. At the time it took about 7.5 yuan to equal one U.S. dollar.

Top 5 Casino Stocks To Watch Right Now: Sirius XM Radio Inc.(SIRI)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Swiss National Bank cut its position in Sirius XM Holdings (NASDAQ:SIRI) by 13.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,157,758 shares of the company’s stock after selling 818,600 shares during the period. Swiss National Bank owned about 0.11% of Sirius XM worth $32,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Lisa Levin] Gainers
    TherapeuticsMD, Inc. (NASDAQ: TXMD) rose 7.3 percent to $6.90 in pre-market trading after the company reported the FDA approval of TX-004HR: IMVEXXY (estradiol vaginal inserts) for moderate to severe dyspareunia due to menopause.
    Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) rose 6.1 percent to $10.50 in pre-market trading after falling 1.20 percent on Tuesday
    Movado Group, Inc. (NYSE: MOV) shares rose 5.7 percent to $44.60 in pre-market trading after the company reported better-than-expected Q1 results and raised its guidance.
    salesforce.com, inc. (NYSE: CRM) rose 5.4 percent to $133.67 in pre-market trading after the company reported better-than-expected earnings for its first quarter and raised its forecast for the full year.
    Sirius XM Holdings Inc. (NASDAQ: SIRI) rose 5.3 percent to $7.35 in pre-market trading.
    PagSeguro Digital Ltd. (NYSE: PAGS) rose 5.3 percent to $33.50 in pre-market trading after reporting Q1 results.
    SpartanNash Co (NASDAQ: SPTN) rose 4.9 percent to $19.80 in pre-market trading after the company reported upbeat earnings for its first quarter on Tuesday.
    Groupon, Inc. (NASDAQ: GRPN) rose 4.9 percent to $4.95 in pre-market trading. Dalian Wanda will set up a joint venture with Tencent and Groupon's former local unit, Reuters reported.
    Okta, Inc. (NASDAQ: OKTA) rose 4.4 percent to $56 in pre-market trading after gaining 3.43 percent on Tuesday
    Elbit Systems Ltd. (NASDAQ: ESLT) rose 4.3 percent to $120.92 in pre-market trading after gaining 2.05 percent on Tuesday.
    STMicroelectronics N.V. (NYSE: STM) shares rose 3.7 percent to $23.78 in pre-market trading after falling 4.70 percent on Tuesday.
    EVINE Live Inc (NASDAQ: EVLV) shares rose 2.7 percent to $1.14 in pre-market trading after reporting Q1 results.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Rick Munarriz]

    Two of the hottest media distributor stocks in recent years are joining forces for a comedy radio channel. Sirius XM Holdings (NASDAQ:SIRI)announced on Wednesday that it will be teaming up with Netflix (NASDAQ:NFLX) for an exclusive satellite radio channel that will feature content from the streaming video service’s growing catalog of stand-up comedy.

  • [By VantagePoint]

    Siriux XM Holdings Inc. (NASDAQ: SIRI) began trading higher on April 19 following a bullish crossover, but the real uptrend didn't begin until May 3. This is an example of how trends can sometimes take several days to take shape, as the upside wasn't immediately apparent. Nonetheless, the stock is trading at its highest levels since 2005. 

  • [By Sean Williams]

    The VISE acronym stands for:

    Visa (NYSE:V) Intuitive Surgical (NASDAQ:ISRG) Sirius XM Holdings (NASDAQ:SIRI) Electronic Arts (NASDAQ:EA)

    Each of these four companies brings clear-cut competitive advantages to the table that should allow it to handily outperform the broader market (and the FANG stocks).

Top 5 Casino Stocks To Watch Right Now: PAR Technology Corporation(PAR)

Advisors’ Opinion:

  • [By Max Byerly]

    News articles about PAR Technology (NYSE:PAR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PAR Technology earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.8901065500531 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Leave a Reply

Your email address will not be published. Required fields are marked *