This stock looks hot. Recession worries sent the stock dropping but it looks like a buy here.
Earnings come out next week, on the 27th. Unless they report absolutely terrible earnings, this stock is cheap by any indicator.
Its down 50% from its highs last June and looks ready to rebound. The gambling industry may be slowing but the technicals look great. RSI divergence, support and for the fundies a PE ratio of 6.3.
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Earnings come out next week, on the 27th. Unless they report absolutely terrible earnings, this stock is cheap by any indicator.
Its down 50% from its highs last June and looks ready to rebound. The gambling industry may be slowing but the technicals look great. RSI divergence, support and for the fundies a PE ratio of 6.3.
Chart: