Today, the Motley Fool's Consumer Goods Analyst Isaac Pino, and Motley Fool contributor Matt Thalman discuss one sock to sell today.
Shares of Caesars Entertainment (NASDAQ: CZR ) are up more than 56% in just the last month. The likely culprit for the massive run-up is the increased attention the company has received due to the legalization of gambling online in certain states over the past few months.
While Caesars could possibly see increased revenue from online gambling, the company has a massive pile of debt, and limited growth options besides online.
Some of the casinos that have also aligned themselves to benefit from online gambling, but have better growth opportunities than Caesars, are MGM Resorts International (NYSE: MGM ) and WYNN Resorts (NASDAQ: WYNN ) . One casino which hasn't laid any bets on the Internet, but still has solid growth ahead of itself, is Las Vegas Sands (NYSE: LVS ) .
More foolish insight
For many companies, successfully capitalizing on a booming Chinese economy is like winning the jackpot. That's indeed the case for gaming company Las Vegas Sands, which made a big bet on Macau gaming about a decade ago that's paid off in spades. The company is now looking to spread its empire further; but will it be able to replicate its prior successes? Learn about all these opportunities, and the risks they pose, in our brand new premium report on Las Vegas Sands. Be sure to claim your copy today by clicking here.