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.
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Top 10 Casino Stocks To Watch Right Now: iShares MSCI Europe Financials Sector Index Fund(EUFN)
iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment adviser is BlackRock Fund Advisors. Advisors’ Opinion:
- [By Todd Shriber, ETF Professor]
The iShares MSCI Europe Financials ETF (NASDAQ: EUFN) is down just over 1 percent year-to-date. While it's not alarming decline by any mean, it's a broad view: a more focused look at EUFN reveals the exchange traded fund resides about 11 percent below the 52-week high it set in February.
Top 10 Casino Stocks To Watch Right Now: Kimbell Royalty Partners(KRP)
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of February 26, 2021, the company owned mineral and royalty interests in approximately 13 million gross acres and overriding royalty interests in approximately 4.6 million gross acres. Its mineral and royalty interests are located in 28 states and include ownership in approximately 97,000 gross producing wells, including approximately 41,000 wells in the Permian Basin. Kimbell Royalty GP, LLC serves as the general partner of the company. Kimbell Royalty Partners, LP was founded in 2013 and is based in Fort Worth, Texas.
Advisors’ Opinion:
- [By ]
Lekoil (OTCMKTS:LEKOF) and Kimbell Royalty Partners (NYSE:KRP) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.
- [By Motley Fool Transcribers]
Kimbell Royalty Partners, LP (NYSE:KRP)Q4 2018 Earnings Conference CallMarch 07, 2019, 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Joseph Griffin]
Pengrowth Energy (NYSE: PGH) and Kimbell Royalty Partners (NYSE:KRP) are both small-cap oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, dividends, profitability, risk and valuation.
- [By Logan Wallace]
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Top 10 Casino Stocks To Watch Right Now: Clearway Energy, Inc.(CWEN)
Clearway Energy, Inc., through its subsidiaries, engages in the renewable energy businesses in the United States. As of March 2, 2021, it had approximately 4,200 net megawatts (MW) of installed wind and solar generation projects; and 2,500 net MW of natural gas generation facilities, as well as a portfolio of district energy systems. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. As of December 31, 2020, the company had 1,394 MW thermal equivalent capacity of steam and chilled water. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC.
Advisors’ Opinion:
- [By Tezcan Gecgil]
Atlantica stock hovers at $37 territory, down almost 2% YTD. But it gained 35% over the past year. Its low valuation, attractive dividend yield, and significant growth opportunities make AY stock a solid green energy investment. Forward P/E and price-to-sales (P/S) ratios stand at 32.68 and 3.54, respectively.
Energy Stocks to Buy: Clearway Energy (CWEN) Source: Pavel Kapysh / Shutterstock.com
52 week range: $23.94 – $37.23
- [By Motley Fool Transcribers]
Clearway Energy, Inc (NYSE:CWEN)Q4 2018 Earnings Conference CallFeb. 28, 2019, 8:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 10 Casino Stocks To Watch Right Now: NextEra Energy, Inc.(NEE)
NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2015, it served approximately 9.5 million people through approximately 4.8 million customer accounts in the east and lower west coasts of Florida. The company had approximately 46,400 megawatts of generating capacity. It also leases fiber-optic network capacity and dark fiber to telephone, wireless, and Internet companies. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1984 and is headquartered in Juno Beach, Florida.
Advisors’ Opinion:
- [By Motley Fool Transcribing]
Amedisys (NASDAQ:AMED) Q4 2018 Earnings Conference CallFeb. 28, 2019 10:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Ethan Ryder]
Amedisys (NASDAQ:AMED) had its target price upped by Robert W. Baird from $105.00 to $120.00 in a research report sent to investors on Thursday morning. The firm currently has a neutral rating on the health services provider’s stock.
Top 10 Casino Stocks To Watch Right Now: Great Western Bancorp, Inc.(GWB)
Great Western Bancorp, Inc., incorporated on July 2, 2014, is a bank holding company. The Company’s primary business is the ownership of its subsidiary, Great Western Bank (the Bank). The Bank is a regional bank focused on relationship-based business and agribusiness banking. It also focuses on retail banking and wealth management services. The Bank serves its customers through approximately 178 branches in over nine states, including North Dakota, Minnesota, South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri.
The Company provides business banking services to small and mid-sized businesses across a range of industries, including sectors supporting regional growth, such as ancillary agribusiness services (farm equipment suppliers and grain and seed merchants), freight and transport, healthcare (hospitals, physicians, care facilities and dentists) and tourism. The Company offers its business banking customers a range of financial products for businesses, including loans, lines of credit, cash management services, online business deposit and wire transfer services, in addition to non-interest-bearing demand deposit and savings accounts, and corporate credit cards. Its agribusiness loan portfolio includes cotton, trees, hogs, dairy farms, grains and other specialties. The Company offers traditional banking products to its retail customers, including non-interest-bearing demand accounts, savings and money market accounts, individual retirement accounts (IRAs) and time certificates of deposits. The Company also provides its customers with a selection of wealth management solutions, including financial planning, private banking, investment management and trust services through associations with third party vendors, including a registered broker-dealer and investment adviser.
Lending activities
The Company’s loan portfolio consists primarily of commercial and industrial (C&I), commercial real estate (CRE) loans and agribusiness loans. It also originates residential real estate loans, personal loans, home equity loans, lines of credit, credit cards and auto loans. The Company offers a number of different products, including working capital and other shorter-term lines of credit, fixed-rate loans over a range of terms, including its tailored business loans. The agriculture loans include farm operating loans and loans collateralized by farm land. Its agribusiness loan portfolio is approximately $1.86 billion. Its CRE includes both owner-occupied CRE, non-owner-occupied CRE, and construction and development lending. The residential real estate lending reflects one- to four-family real estate construction loans, closed-end first-lien mortgages (primarily single-family long-term first mortgages resulting from acquisitions of other banks), closed-end junior-lien mortgages and home equity lines of credits (HELOCs). Its closed-end first-lien mortgages include a small % of single-family first mortgages that it originates and cannot subsequently sell into the secondary market, including jumbo products, adjustable-rate mortgages and rural home mortgages. Its consumer lending offering comprises a relatively small portion of its total loan portfolio, and predominantly reflects small-balance secured and unsecured products marketed by its retail branches. Its other lending includes all other loan relationships that do not fit within the categories above, primarily consumer and commercial credit cards and customer deposit account overdrafts. Its total loans are approximately $7.35 billion.
Investment activities
The Company classifies securities upon purchase in categories, including trading, held-to-maturity, or available-for-sale. The Company’s investment activities includes the United States treasury securities; the United States agency securities; mortgage-backed securities, including government national mortgage association, federal national mortgage association, small business assistance program; states and political subdivision securities; corporate debt securities, and others. The securities available for sale are approximately $1.32 billion.
Sources of funds
The Company obtains funds from depositors by offering consumer and business demand deposit accounts, money market deposit accounts (MMDAs), negotiable order of withdrawal (NOW) accounts, savings accounts and term time deposits. Its total deposits are approximately $7.39 billion. Its primary sources of short-term borrowings include securities sold under repurchase agreements and certain Federal Home Loan Bank (FHLB) advances maturing within approximately 12 months.
The Company competes with the U.S. Bank, Wells Fargo, Bank of America and First National Bank of Omaha.
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Great Western Bancorp (GWB)
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- [By Joseph Griffin]
Great Western Bancorp Inc (NYSE:GWB) insider Douglas Richard Bass sold 1,246 shares of Great Western Bancorp stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $44.25, for a total value of $55,135.50. Following the completion of the sale, the insider now directly owns 16,958 shares in the company, valued at approximately $750,391.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Great Western Bancorp (GWB)
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Top 10 Casino Stocks To Watch Right Now: Seres Therapeutics, Inc.(MCRB)
Seres Therapeutics, Inc., a microbiome therapeutics platform company, focuses on the development of biological drugs designed to restore health by repairing the function of a dysbiotic microbiome. Its lead product candidate is SER-109, a bacterial spore ecology, which has completed open label Phase Ib/2 clinical study for the prevention of further recurrences of Clostridium difficile infection (CDI). The company also develops SER-287 that is in phase Ib clinical study to treat inflammatory bowel disease, including ulcerative colitis. Its product candidates in pre-clinical development comprise SER-262, an Ecobiotic microbiome therapeutic designed to be used following antibiotic treatment of primary CDI; and SER-155 for the prevention of transplant-related mortality. Seres Therapeutics, Inc. has a strategic collaboration with Nestle Health Science. The company was formerly known as Seres Health, Inc. and changed its name to Seres Therapeutics, Inc. in May 2015. Seres Therapeutics, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.
