Top 10 Casino Stocks To Watch Right Now

This year has been particularly bad for many in the predictions business, but that isnt stopping market forecasters from doing their thing.

A team of Goldman Sachs analysts led by Charles Himmelberg has offered 2017 targets for a range of asset classes.

Their forecasts for the S&P 500 SPX, +0.39% , major currencies, the 10-year Treasury yield, oil prices, gold prices and more are shown in the chart below.

Top 10 Casino Stocks To Watch Right Now: Mayne Pharma Group Limited (MAYNF)

Advisors’ Opinion:


    We believe that two main risks currently exist. First, a few days ago, U.S. Department of Justice filed charges in generic drug price-fixing probe. The U.S. Department of Justice accused two former generic pharmaceutical executives of colluding with other generic manufacturers to fix prices – the first criminal charges stemming from a two-year investigation. Companies in the congressional probe have since publicly disclosed that they have received subpoenas, including Mylan NV (NASDAQ:MYL), Allergan (NYSE:AGN), which later sold its generics business to Teva (NASDAQ:TEVA), Lannett (NYSEMKT:LCI), Impax Laboratories (NASDAQ:IPXL), Endo International (NASDAQ:ENDP), Sun Pharmaceutical Industries (OTC:SMPQY), Taro Pharmaceutical Industries Ltd. (NYSE:TARO), and Mayne (OTCPK:MAYNF). This shows that generics are not immune from criticism and price discussions. However, in our opinion, they are safer because they might be the solution to the high-price problem.

Top 10 Casino Stocks To Watch Right Now: Sotheby's(BID)

Advisors’ Opinion:

  • [By Marshall Hargrave]

    Now Loeb's looking to put that capital to work in other markets, with the art market being a perfect candidate. Loeb and his Third Point hedge fund have started their latest activist campaign with leading auction house Sotheby's (NYSE: BID). Loeb joins fellow activist investor Marcato Capital in the stock.

  • [By Ben Levisohn]

    Sotheby’s (BID) has climbed 5.3% to $34 after the auction house’s earnings and revenue topped Street estimates.

    Tyson Foods (TSN) has gained 3.5% to $76.20 after beating earnings forecasts and raising its full-year guidance.

Top 10 Casino Stocks To Watch Right Now: Royal Dutch Shell PLC(RDS.A)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:

  • [By Ben Levisohn]

    But even if you buy that,Cheniere is still “crazy expensive” compared to peers.Chevron (CVX), Royal Dutch Shell (RDS.A) and Australian firm Woodside trade between 5 and 6.3 times EV/EBITDA. Cheniere: 11.4 times. And while Chevron, Royal Dutch Shell and Woodside will be paying down debt, Cheniere’s will be growing its own, Chanos argued. “This is financial engineering gone crazy,” Chanos says. “[It’s] extremely skewed to the short side.”

  • [By Robert Rapier]

    But it’s far too early to tell if TAT will have commercial success, and it faces significant competitors in the region, such as Shell (NYSE: RDS.A). Given all the risk factors, this is not one that I would feel comfortable owning at this time, but if it were to significantly increase production in Turkey as Peyto did in Canada, I might reconsider.

  • [By Ben Levisohn]

    Should oil prices recover, we believe that deepwater drilling activity growth should lag growth in US shale activity, as project economics is generally better in US shales, and E&Ps involved in US shales are generally quicker to react. Deepwater activity is largely comprises a handful of companies (Petrobras (PBR), Statoil (STO), Total (TOT), Shell (RDS.A), BP (BP), ONGC, ExxonMobil (XOM) and Chevron (CVX)) and it is unlikely that these companies can meaningfully increase their rig demand in a short period of time to absorb the current oversupply. Thus, should oil prices rise in 2018, rig demand may increase, but likely not enough to tighten the market, given that supply equaling 43% of current working rig count is stacked and new supply equaling 25% of working rig count is under-construction and should be entering the market in the coming years. As a result, while we expect some improvement in rig utilization owing to rig retirements, it will unlikely be strong enough to meaningfully improve rates in 2018 above spot levels. Any demand increase in the interim could slow rig retirements materially, and be self-defeating. We thus are Sell rated on Transocean, Atwood and Noble.

Top 10 Casino Stocks To Watch Right Now: Media General, Inc.(MEG)

Advisors’ Opinion:

  • [By Monica Gerson]

    Media General Inc (NYSE: MEG) is estimated to report its quarterly earnings at $0.04 per share on revenue of $340.17 million.

    National Health Investors Inc (NYSE: NHI) is expected to post its quarterly earnings at $1.17 per share on revenue of $57.82 million.

Top 10 Casino Stocks To Watch Right Now: Sandstorm Gold Ltd(SAND )

Advisors’ Opinion:

  • [By Monica Gerson]

    Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday's regular session.

  • [By Rich Duprey]

    Sandstorm Gold (NYSEMKT:SAND) has outperformed the precious metal itself over the past year, with shares rising 35% year to date. Last month it reported third-quarter profits of $7 million, a big U-turn from 2015, when it suffered losses of $5.5 million. In fact, its entire operation was doing better with greater production: lower cash costs, but higher cash margins; and greater operating cash flows, all of which allowed it to pay down its revolving credit facility. That means it has no bank debt and its entire $110 million revolving credit facility is available to make acquisitions.

Top 10 Casino Stocks To Watch Right Now: Snap-On Incorporated(SNA)

Advisors’ Opinion:


    Snap-on (SNA)

    Snap-on, which is more than 100 years old, provides hand and power tools for individuals and professionals, including auto-shop tools and auto diagnostic equipment.

  • [By John Divine]

    Snap-on Incorporated (SNA) is my choice for the Best Stocks for 2016 competition. At a market cap of $10 billion, I doubt it will double over the next year, as some of the smaller companies in this competition might be able to.

    That said, Snap-on, which manufactures and markets hand tools and diagnostic equipment, is a rock-solid company with an attractive valuation and impressive growth. It goes for 22 times earnings, pays a consistent and modest dividend, and has been around since 1920.

    As cars get more tech-heavy and complicated, newer tools and better diagnostics will be needed — and that’s SNA’s bread ‘n’ butter. 

Top 10 Casino Stocks To Watch Right Now: EnLink Midstream Partners, LP(ENLK)

Advisors’ Opinion:


    EnLink Midstream Partners (ENLK) is sponsored by independent oil and gas exploration giant Devon Energy (DVN), the owner of this acreage.

    These basins offer superior economics and EnLink’s close relationship with Devon provides leveraged exposure to the upstream operator’s accelerating activity in these plays.

Top 10 Casino Stocks To Watch Right Now: Activision Blizzard, Inc(ATVI)

Advisors’ Opinion:

  • [By Brian Feroldi, Chuck Saletta, Tyler Crowe, Jason Hall, and Jordan Wathen]

    With that in mind, we asked a team of Fools each to highlight a stock that a billionaire investor has been selling recently. Read on to see why they chose Cheniere Energy (NYSEMKT:LNG), Activision Blizzard (NASDAQ:ATVI), Suncor Energy (NYSE:SU), MGIC Investment Corporation (NYSE:MTG), and Extended Stay America (NYSE:STAY).

  • [By Demitrios Kalogeropoulos]

    Activision Blizzard (NASDAQ:ATVI) is set to post earnings results for the key holiday sales period on Thursday, Feb. 9. The stock is trouncing the market over the last five years, but investors have pushed it lower since its last quarterly check-in.

  • [By Ben Levisohn]

    Activision Blizzard(ATVI) soared to the top of the S&P 500 today after beating earnings and sales forecasts, and initiating a $1 billion stock buyback plan.

    Getty Images

    Activision Blizzard gained 19% to $47.23 today, while the S&P 500 rose 0.4% to 2,316.10.

    Credit Suisse analyst calls Activision Blizzard’s results “another clean top and bottom-line beat.” They explain:

    Activision delivered another clean top and bottom-line beat with the outperformance relative to our estimates coming primarily from PC – this coupled with the fact that revenue from APAC was up ~83% in FY16 leads us to believe that Overwatch likely was the main driver. This fits in squarely with our core investment thesis for not only Activision but the sector as a whole – for all of the publishers to begin exporting their content beyond Western Markets and expand their addressable markets. Blizzard also saw benefit from ongoing strength in World of Warcraft following the Legion expansion and despite the original game being ~3 years old the Candy Crush franchise grew mobile bookings in 2016. We were not anticipating major changes to the release slate for FY17 as we expect it to be a trough product year – we were again encouraged by the broad based strength in digital revenues as we believe Activision is well positioned to extract more value from its exist ing user base. We maintain our Outperform rating and our price target increases to $51 vs. prior $48.

    Activision Blizzard’s market capitalization rose to $35.1 billion today from $29.5 billion yesterday.

  • [By Peter Graham]

    In February 2016, King Digital Entertainment PLC (NYSE: KING) was acquired by Activision Blizzard, Inc (NASDAQ: ATVI) for $5.9 billion.

    A technical chart for Glu Mobile shows a November reversal with shares back above a key resistance or support level:

  • [By Manikandan Raman]

    Gameloft said it will issue a statement after the board meeting, which has been convened for next week. Until then, no further comments will be made regarding this unsolicited bid. Both Gameloft and Ubisoft compete with Activision Blizzard, Inc. (NASDAQ: ATVI) and Electronic Arts Inc. (NASDAQ: EA).

  • [By Sreekanth Anasa]

    NetEase with its focus on mobile is well positioned to capture the mobile advertising services business in China. As mentioned in the earnings call, its advertising business is in for steady growth. The Mobile News App will be a key growth driver. Also, the games released in partnership with Activision Blizzard (NASDAQ:ATVI)(Blizzard Entertainments) have been a huge hit. To quote from the earnings call: “Overwatch also established a new sales record in the category of buy-to-play PC-client games in mainland China, with more than five million copies sold by the end of December since its late May release.” In 2017, expansion packs of existing games and some new ones are expected which could also become ahuge hit among the Chinese gamers. This really bodes well for NetEase since licensed games such as Blizzard Entertainment’s Overwatch was also one of the prime reasons for the growth in online game services gross profit in 2016.

Top 10 Casino Stocks To Watch Right Now: Mitsubishi Corporation (MSBHY)

Advisors’ Opinion:


    Renault Nissan (OTC:RNSDF) (NSANY)/Mitsubishi (OTCPK:MSBHY) (MMTOF)

    On December 20, Green Car Reports reported: “Mitsubishi electric cars to use Nissan-Renault platforms.” Remember Mitsubishi has the US$22,995 all-electric 16 kWh iMiEV coming out in 2017.


    Mitsubishi (OTCPK:MSBHY)

    Earlier in 2016, Mitsubishi released its 2017 i-MiEV. It is fully electric, with a 16 kWh lithium-ion battery pack and a range of 62 miles. Basically just a short trips car, as the range is really very low. Mitsubishi also has its popular plug in hybrid Outlander model that sells quite well. As stated last month, the company announced “plans to launch a compact EV with 250-mile range by 2020”. Mitsubishi is currently ranked 7th in global EV sales.

Top 10 Casino Stocks To Watch Right Now: LKQ Corporation(LKQ)

Advisors’ Opinion:

  • [By Lisa Levin]

    Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Wednesday's regular session.

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