The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Bryan Hinmon and Matt Argersinger dissect the hardest-hitting investing stories of the day.
New Jersey Governor Chris Christie signs a bill legalizing online gambling in the state. What will the law mean for casino operators such as Caesar's Entertainment (NASDAQ: CZR ) and Boyd Gaming (NYSE: BYD ) ? What will the law mean for such social networking game sites as Zynga (NASDAQ: ZNGA ) ? Why could eBay's (NASDAQ: EBAY ) PayPal be a hidden winner? In this installment of Investor Beat, our analysts discuss the future of gambling stocks.
Zynga's post-IPO performance has been dreadful, and investors are beginning to wonder if it's "game over" for this newly public company. Being so closely tied to the world's largest social network can be a blessing and a curse. You can learn everything you need to know about Zynga and whether it's a buy or a sell in our new premium research report. Don't even think about picking up shares before you read what our top analysts have to say about Zynga. Click here to access your copy.
The relevant video segment can be found between 0:19 and 2:04.