Casino Stocks To Buy

Bank of America Securities expressed hesitancy towards a couple of casino staples earlier, downgrading both Caesars Entertainment Inc (NASDAQ:CZR) and PENN Entertainment Inc. (NASDAQ:PENN) to "neutral" from "buy."

casino stocks to buy

At last glance, CZR is down 3.2% to trade at $50.90. The shares yesterday briefly traded at $55.51, their highest level since May, though they are down 45.3% in 2022. Despite this lofty deficit, the majority of analysts were still bullish on the casino stock coming into today, with 10 of 12 recommending a "strong buy." This leaves plenty of room for more bear notes to roll in. 041b061a72