Hot Casino Stocks To Invest In 2023

As some of the few travel stocks that have failed to fully recover from the pandemic, plenty of investors have tried to bottom-fish in cruise-line names like Carnival (NYSE:CCL) stock. Unfortunately, these contrarian wagers have failed to pan out.

Investors who have dabbled in CCL or its peers haven’t reaped substantial gains. Instead, going against the grain has led to heavy losses. Although the industry is in a much better place now compared to last year, cruise lines have a way to go before attaining pre-virus revenue and earnings levels.

Worse yet, this recovery, which has arrived far more gradually than the recovery for airlines, hotels, and casinos, is likely to be further stretched out by factors outside the pandemic. Put it all together, and it’s doubtful that this stock, despite being down more than 85% since 2020, has enough rebound potential to outweigh its still-high level of risk.

CCL Carnival $7.29

Hot Casino Stocks To Invest In 2023: Iridium Communications Inc(IRDM)

Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide. It offers postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; push-to-talk services; and machine-to-machine services for sending and receiving data from fixed and mobile assets in remote locations to a central monitoring station. The company also provides other services, such as inbound connections from the public switched telephone network, short message services, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, it offers voice and data solutions, including personnel tracking devices; asset tracking devices for equipment, vehicles, and aircraft; aircraft and submarine communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as offers voice, netted voice, data, messaging, and paging services; and maintenance services for the department of defense’s dedicated gateway. Further, the company provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and machine-to-machine data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units; and engineering and support services. The company sells its products and services to commercial end users through wholesale distribution network, service providers, and value-added resellers and manufacturers. As of December 31, 2015, it had approximately 782,000 billable subscribers. The company was founded in 2000 and is headquartered in McLean, Virginia.

Advisors’ Opinion:

  • [By Todd Campbell]

    After value stock investor Bill Miller tweeted positively about the company following its steep post-earnings drop, shares in Intrexon (NASDAQ:XON) jumped 21% at 3:30 p.m. EST on Tuesday.

  • [By Todd Campbell]

    After disclosing that “there is substantial doubt about its ability to continue as a going concern” in its annual 10-K filing with the Securities and Exchange Commission, Intrexon (NASDAQ:XON) has seen its shares crash 47% this month, including an 18% decline on Monday.

Hot Casino Stocks To Invest In 2023: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)

The Herzfeld Caribbean Basin Fund, Inc. (the Fund), incorporated on March 10, 1992, is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation. The Fund invests in issuers located in countries in the Caribbean Basin, which include, among others, Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia, the United States and Venezuela. The Fund’s investment advisor is HERZFELD/CUBA, a division of Thomas J. Herzfeld Advisors, Inc.

The Fund invests primarily in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin country; that have at least 50% of the value of their assets in a Caribbean Basin country, or that derive at least 50% of their total revenue from operations in a Caribbean Basin country (collectively, Caribbean Basin Companies). The Fund invests at least 80% of its total assets in equity and equity-linked securities of Caribbean Basin Companies. Such securities include, but are not limited to, common stock, preferred stock, debt securities convertible into equity, warrants, options and futures. The Fund may invest more than 25% of its total assets in the securities of United States-based companies. The Fund may invest up to 20% of its assets in equity and equity-linked securities of non-Caribbean Basin Companies strategically linked to Cuba.

The Fund may invest in the shares of other registered investment companies, some of which may be Caribbean Basin Companies. The Fund may invest in restricted securities. The Fund may invest up to 20% of its assets in non-equity linked debt securities, including foreign-denominated corporate debt and sovereign debt issued by foreign governments, their agencies or instrumentalities, or other government-related entities.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Media headlines about Herzfeld Caribbean Basin Fund, Inc. common stock (NASDAQ:CUBA) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herzfeld Caribbean Basin Fund, Inc. common stock earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 48.5554072096128 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Hot Casino Stocks To Invest In 2023: Eastman Kodak Company(KODK)

Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. It operates in seven segments: Print Systems; Enterprise Inkjet Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Intellectual Property Solutions; and Eastman Business Park. The company offers offset plate and computer-to-plate imaging solutions; electrophotographic printing solutions; production press systems, and inkjet components and services, as well as consumables, such as ink; and flexographic printing equipment and plates, and related consumables and services, as well as printed functional materials and components. The company also offers enterprise services and solutions in the areas print and managed media services, and document management services; motion picture, industrial chemicals and films; and consumer inkjet systems, as well as engages in intellectual property and brand licensing activities. In addition, it provides digital and traditional products and services to various commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging markets; and commercial inkjet printing solutions and digital front-end controllers for use in inkjet printing process. Eastman Kodak Company sells its products and services through third party resellers and distributors, as well as directly and indirectly to enterprise accounts and customers. The company was founded in 1880 and is headquartered in Rochester, New York.

Leave a Reply

Your email address will not be published.