Casino stocks buy

Casino stocks buy

By: ArchyA Date: 30.06.2017

Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. There's plenty of uncertainty going intobut that doesn't mean that long-term investors should change their strategies.

Buying shares of good companies at reasonable prices and holding them for a long time is the key to investing success. And if those companies have exceptional growth potential, even better. We asked three of our contributors to each discuss a growth stock that looks enticing as we enter Here's why Wynn Resorts NASDAQ: WYNNSkechers NYSE: SKXand Zillow Group NASDAQ: ZG should be on every growth investors' radar. Sean Williams Wynn Resorts: Call it a bit of a gamble, but the growth stock that I believe should be on investors' radars this January is high-end casino and resort operator Wynn Resorts.

Shares of Wynn have done pretty well inbut over the past three years Wynn's stock is down by roughly two-thirds.

Wynn's struggled with weakening casino revenue in China, which is primarily a result of its slowing GDP growth, as well as concern in the U. However, based on the company's third-quarter earnings report, Wynn seems to have found its groove once again. In August, Wynn opened the Wynn Palace in Macau, a high-end casino and resort that currently boasts new table games and will have total in place by Though we continue to see a steady decline in Macau-based revenue as China's elite adjust to the country's slightly slower growth environment, the allure of a new luxury hotel on the scene could more than offset the recent year-over-year casino revenue declines and the drop in revenue per available room RevPAR at Wynn Macau.

Brightening economic prospects in the U.

We may already be seeing the benefits of that improved outlook in Wynn's top-line results. If traffic is once again euro mtf market luxembourg stock exchange Vegas's way, it's just a matter of time before Wynn sees improved results from its smaller contributing U. To boot, investors also get a 2. Wynn looks to be a solid growth play worthy of your consideration in January.

After its most recent earnings report, footwear company Skechers may not seem like 072016 binary options the best platform 13 of a growth stock anymore. Revenue grew by Skechers still expects its international wholesale and total retail businesses to produce growth, but an expected sales decline in its domestic wholesale business will weigh on the company's results.

Skechers streak of incredible growth over the past few years was bound to end sooner or later, but I think the market is being a little too pessimistic. The stock was significantly cheaper right after its disappointing third-quarter earnings report, but even at the current valuation, the market isn't pricing in much growth potential.

SKX data by YCharts. Skechers is looking more like a value stock than a growth stock at this point, but if the company can return to growth inthe stock could have a great year. I would be surprised if Skechers casino stocks buy return some cash to shareholders, especially with the stock so beaten down.

Five Breakout Zacks Rank #1 (Strong Buy) Stocks on the Move - wugadukucevu.web.fc2.com

Skechers isn't the scorching growth stock that it once was, but the market appears overly pessimistic. Investors looking for a nice combination of growth and value to start off the year need to look no further than Skechers. Steve Symington Zillow Group: But I think these gains are only the beginning for the online real estate real estate law earnest money. Zillow CEO Spencer Rascoff elaborated that "with all of our marketplaces performing strongly, we expect to end in a strong position to continue executing on our strategic priorities.

Add to that the promising incremental opportunities created by its smaller complementary segments, and I think Zillow has plenty of room to rise from here.

Sean Williams has no position in any stocks mentioned. Steve Symington has no position in any stocks mentioned. Timothy Green owns shares of Skechers. The Motley Fool owns shares of and recommends Skechers, Zillow Group A sharesand Zillow Group C shares. Try any of our Foolish newsletter services free for 30 days.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

The 3 Best Casino Stocks to Buy While No One Is Looking | InvestorPlace

The Motley Fool has a disclosure policy. Tim writes about technology and consumer goods stocks for The Motley Fool. He's a value investor at heart, doing his best to avoid hyped-up nonsense. Follow him on Twitter: Skip to main content The Motley Fool Fool.

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