Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government restrictions on gambling in the region, which could turn gambling stocks from steady growth stocks to risky bets overnight.
The impact was swift on the stock market. Shares of Wynn Resorts (NASDAQ:WYNN) fell as much as 13.8%, Las Vegas Sands (NYSE:LVS) dropped 13.9%, and Melco Resorts & Entertainment (NASDAQ:MLCO) was off 9.1% at one point. The stocks are down 11%, 10.4%, and 6.4% at 3:15 p.m. EDT. The drop has even swept up MGM Resorts International (NYSE:MGM), which fell as much as 5.5% today.
Image source: Getty Images.
Hot Casino Stocks To Buy For 2023: Heartland Financial USA, Inc.(HTLF)
Heartland Financial USA, Inc. (Heartland), incorporated on June 18, 1993, is a multi-bank holding company. The Company’s segments include community and other banking, and retail mortgage banking. Its community and other banking segment is engaged in making loans to, and generating deposits from, individuals and businesses in the markets where Heartland has banks. Its retail mortgage banking segment is engaged in the origination of residential loans and subsequent sale of those loans to investors. The Company conducts its community banking business through independently chartered community banks (collectively, the Bank Subsidiaries) in the states of Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Missouri, Kansas, Texas and California.
The Company’s Bank subsidiaries include Dubuque Bank and Trust Company, Illinois Bank & Trust, Wisconsin Bank & Trust, New Mexico Bank & Trust, Rocky Mountain Bank, Arizona Bank & Trust, Centennial Bank and Trust, Minnesota Bank & Trust, Morrill & Janes Bank and Trust Company, and Premier Valley Bank. The Bank Subsidiaries provide a range of banking services, such as commercial banking, small business banking, agricultural loans, residential real estate mortgage lending, retail banking, consumer finance, and wealth management and retirement plan services to businesses, including public sector and non-profit entities, and individuals. Its activities include credit and deposit products along with treasury management, investment management, trust, retirement plan services, and brokerage and investment services. The Bank Subsidiaries operates a total of approximately 110 banking locations serving approximately 210,000 business and consumer households.
Lending Activities
The Company’s loans include commercial, commercial real estate, agricultural and agricultural real estate, residential mortgage and consumer loans. Its loans held for sale totals approximately $74.8 million.
Investment Activities
The Company’s securities portfolio consists of United States Government corporations and agencies, mortgage-backed securities, obligation of states and political subdivisions, corporate debt securities, equity securities and other securities. The Company’s total securities is approximately $1,878.9 million.
Sources of Funds
The Company’s deposit products include checking and other demand deposit accounts, Negotiable Order of Withdrawal (NOW) accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts and other time deposits. The deposit products are insured by the Federal Deposit Insurance Corporation (FDIC). The Company has total deposits of approximately $6,405.8 million.
Advisors’ Opinion:
- [By Logan Wallace]
Heartland Financial USA Inc (NASDAQ:HTLF) – Stock analysts at Piper Jaffray Companies raised their Q1 2019 earnings per share (EPS) estimates for Heartland Financial USA in a research note issued on Tuesday, January 29th. Piper Jaffray Companies analyst N. Race now expects that the bank will earn $1.03 per share for the quarter, up from their prior forecast of $1.02. Piper Jaffray Companies also issued estimates for Heartland Financial USA’s Q3 2019 earnings at $1.14 EPS, Q4 2019 earnings at $1.15 EPS, FY2019 earnings at $4.42 EPS and FY2020 earnings at $4.77 EPS.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Heartland Financial USA (HTLF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Heartland Financial USA (HTLF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Casino Stocks To Buy For 2023: Zillow Group, Inc.(Z)
Zillow Group, Inc., incorporated on July 25, 2014, operates the real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Company’s brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement. The Company’s portfolio of consumer brands includes Zillow, Trulia, StreetEasy, Bridge Interactive and HotPads. In addition, it provides advertising services to real estate agents and rental and mortgage professionals. The Company also owns and operates a number of brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. The Company’s database includes over 110 million homes in the United States, including homes for sale, homes for rent and homes not on the market.
Advertising products and services
The Company provides advertising products and services for real estate, rental, mortgage and home improvement professionals that enable them to create and promote useful content for consumers. The Company’s Premier Agent program offers a suite of marketing and business technology solutions to help real estate agents grow their businesses and personal brands. The program has approximately three tiers of participation: Premier Platinum, Premier Gold and Premier Silver. All tiers of Premier Agents receive access to a dashboard portal on its Website that provides individualized program performance analytics, as well as its personalized Website service, and its customer relationship management (CRM) tool that captures information about each contact made with a Premier Agent through its mobile and Web platforms.
The Company’s Trulia real estate products are primarily sold on a fixed fee subscription basis, and include Trulia Local Ads, Trulia Mobile Ads, Trulia Pro with featured listings and Trulia Seller Ads. Trulia Seller Ads enable real estate professionals to generate leads from consumers interested in selling their homes. In its mortgages marketplace, consumers request free, personalized quotes in response to their submission of limited anonymous data, such as specific loan amount, zip code, purchase price or estimated home value and credit score. The Zillow Group Rentals is a marketplace for consumers and suite of tools for rental professionals. The Zillow Group Rentals includes listing distribution across Zillow, Trulia and HotPads. The Company’s display advertising primarily consists of graphical mobile and Web advertising sold on a cost per thousand impressions basis. It offers customers display advertising opportunities on its mobile applications through display ads that are optimized for the mobile experience, on its home page, and on individual Web pages, through graphical displays and text links.
Information products and services
The Company provides consumers with information products and services to enable them to make intelligent decisions about homes. A Zestimate is its estimated market value of a home. The Company generates Zestimates using a range of information, including physical attributes, such as location, lot size, square footage, number of bedrooms and bathrooms, and other details; Tax assessments, which includes property tax information, actual property taxes paid, exceptions to tax assessments and other information provided in the tax assessors’ records, and Prior and current transactions. Zillow Digs is the hub for home improvement and design on Zillow. The Company’s consumers browse design ideas for a range of rooms, budgets and styles. The product tag provides retailer information, pricing and the link to purchase the item. Additionally, Zillow Digs Estimates give consumers the estimated cost of thousands of real bathrooms and kitchens in Zillow Digs’ portfolio of photos and are computed using Zillow’s algorithm, which includes real-world data from local contractors, such as size, materials, finish level, and regional labor and material rates.
The Company provides a range of sale and rental listings through relationships with real estate brokerages, real estate listings aggregators, multiple listing services, apartment management companies, homebuilders and other third parties. In addition, the Company provides consumers with access to home listings, such as its Make Me Move listings, which are a homeowner’s posted price, at which they would be willing to move. It presents consumers with ratings and contact information for the listing agent and local buyer’s agents alongside home profiles and listings for homes to assist them in evaluating and selecting the real estate agent suited for them. The Zillow Advice section of its Zillow.com Website and Trulia Voices section of its Trulia.com Website capture questions and discussion topics from its users, both consumers and real estate, rental, mortgage, and home improvement professionals.
Advisors’ Opinion:
- [By Dana Blankenhorn]
OpenDoor today is a pure play on the residential real estate market. The company is now a real estate speculator, like Zillow (NASDAQ:Z), private equity funds and investors turning homes into Airbnbs (NASDAQ:ABNB).
- [By Motley Fool Staff]
For this episode, it’s time to check in on not one but two such samplers. First, it’s been one year since he offered up “Five Stocks I Own That You Should Too.” Those were Activision Blizzard (NASDAQ:ATVI), Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), Intuitive Surgical (NASDAQ:ISRG), Match Group (NASDAQ:MTCH), and Zillow (NASDAQ:Z) (NASDAQ:ZG), and he’ll review their progress with senior analyst Jim Mueller.
- [By Chris Neiger]
If you’re looking for a few companies that are using AI to boost their businesses — but are off the well-worn AI path — you may want to consider what Splunk (NASDAQ:SPLK), Nutanix (NASDAQ:NTNX), and Zillow (NASDAQ:Z)(NASDAQ:ZG) are doing with AI.
- [By John Ballard]
Shares of Zillow Group (NASDAQ:Z) (NASDAQ:ZG) soared 19.1% in value last month, according to data from S&P Global Market Intelligence.
The online real estate marketplace released its fourth-quarter earnings results, which featured robust growth on the top line. But it was the news that Zillow co-founder Rich Barton was returning to the CEO role and his outline of an aggressive growth strategy that got investors excited.
Hot Casino Stocks To Buy For 2023: Astronics Corporation(ATRO)
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace and defense industries worldwide. It operates in two segments, Aerospace and Test Systems. The Aerospace segment?s product lines include aircraft lighting, cabin electronics, airframe power, avionics databus products, and airfield lighting. This segment serves airframe manufacturers that build aircraft for the commercial, military, and general aviation markets; suppliers; and aircraft operators, such as airlines and branches of the U.S. Department of Defense, as well as the Federal Aviation Administration and airport operators. The Test Systems segment designs, develops, manufactures, and maintains communications and weapons test systems, and training and simulation devices for military applications. It sells its products primarily to the U.S. military, foreign militaries, and manufacturers of military communication systems. The company was founded in 1968 and is headquart ered in East Aurora, New York.
Advisors’ Opinion:
- [By Joseph Griffin]
Astronics Co. (NASDAQ:ATRO) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $41.67.
- [By Max Byerly]
Carillon Tower Advisers Inc. bought a new stake in Astronics Co. (NASDAQ:ATRO) in the 1st quarter, Holdings Channel reports. The firm bought 100,125 shares of the aerospace company’s stock, valued at approximately $3,734,000.
- [By Joseph Griffin]
Astronics (NASDAQ: ATRO) and TransDigm Group (NYSE:TDG) are both aerospace companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations.
Hot Casino Stocks To Buy For 2023: 10x Genomics, Inc.(TXG)
10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in North America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium and chromium connect instruments, microfluidic chips, slides, reagents, and other consumables products. Its single cell solutions runs on its chromium instruments, which include single cell gene expression for measuring gene activity on a cell-by-cell basis; single cell immune profiling for measuring the activity of immune cells and their targets; single cell ATAC for measuring epigenetics comprising the physical organization of DNA; and single cell multiome ATAC + gene expression for measuring the genetic activity and epigenetic programming in the same cells across tens of thousands of cells in a single experiment. The company also provides visium spatial gene expression solution for measuring spatial gene expression patterns across a single tissue sample or gene expression and protein co-detection when combined with immunofluorescence. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.
Advisors’ Opinion:
- [By Chris Hill (TMFWizard)]
Gross: I’m looking at 10x Genomics (NASDAQ:TXG), TXG, to see if I should add it to my personal biotech basket. 10x Genomics products allow scientists to look at the expression of genes inside individual cells. Dan, you will have to take my word for it that that is new and exciting, but I do absolutely need to learn more about it. Their flagship franchise called Chromium uses a razor-and-blade model that provides recurring revenue from consumables used to run experiments. Their Visium platform allows researchers to look at expressions throughout a tissue sample. These are important things for genomics. 10x has also moved beyond research into clinical diagnostics with two acquisitions earlier this year. Management is guiding for about $500 million in revenue. They also think this is a $15 billion industry, so leaves substantial room for them to grow from the $500 million where they are today.
- [By Stephan Byrd]
Torex Gold Resources (TSE:TXG) had its price target lowered by Eight Capital from C$15.85 to C$15.50 in a research note released on Thursday.
Several other research analysts also recently commented on TXG. TD Securities downgraded Torex Gold Resources from a buy rating to a hold rating and cut their target price for the stock from C$17.00 to C$13.00 in a research note on Tuesday, July 24th. Canaccord Genuity cut their target price on Torex Gold Resources from C$18.00 to C$15.00 in a research note on Tuesday, July 24th. Finally, Royal Bank of Canada cut their target price on Torex Gold Resources from C$19.00 to C$18.00 and set an outperform rating for the company in a research note on Thursday, May 10th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Torex Gold Resources has a consensus rating of Buy and a consensus target price of C$15.86.
Hot Casino Stocks To Buy For 2023: Pinterest, Inc.(PINS)
Pinterest, Inc. provides visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was founded in 2008 and is headquartered in San Francisco, California.
Advisors’ Opinion:
- [By Stavros Georgiadis]
Compared to other social media stocks, Pinterest (NYSE:PINS) stock is a bit of an oddball. I personally don’t have much use for the platform, but I can see the appeal … somewhat. After all, we could all use a daily dose of inspiration for shopping, relaxing, business and marketing purposes. Still, I’m not the only one who doesn’t quite “get it.”
- [By Louis Navellier and the InvestorPlace Research Staff]
Want to be like Warren Buffett? That’s easier said than done, as you’d have to believe in companies that investors are largely avoiding. Right now, Pinterest (NYSE:PINS) fits that description. But could PINS stock be a Warren Buffett type of play?
Hot Casino Stocks To Buy For 2023: Beyond Air, Inc.(XAIR)
Beyond Air, Inc. operates as a commercial medical device and biopharmaceutical company. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. It offers LungFit PH for the treatment of persistent pulmonary hypertension of the newborn. The company is also developing LungFit PRO for the treatment of viral lung infections, such as community-acquired viral pneumonia, including COVID-19, as well as bronchiolitis in hospitalized patients; and LungFit GO for the treatment of nontuberculous mycobacteria. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air, Inc. is based in Garden City, New York.
Advisors’ Opinion:
- [By ]
Among the names Deporre is keeping an eye on are Butterfly Network (BFLY) , Elys Game Technology ELYS, Aurinia Pharmaceuticals (AUPH) , Performant Financial (PFMT) and urban-gro (UGRO) . Others include Xeris Pharmaceuticals (XERS) , AMMO POWW, Beyond Air (XAIR) and ProQR Therapeutics (PRQR) . “My positions change very fast and I’m actively trading all these names,” Deporre noted.
