1 Remarkable Growth Stock Down 83% You'll Regret Not Buying on the Dip

By Parkev Tatevosian, CFA – Jul 4, 2023 at 4:00AM

NASDAQ: PENN

Penn Entertainment

Market Cap

$2B

Today's Change

(1.88%) $0.28

Current Price

$15.41

Price as of May 6, 2024, 4:00 p.m. ET

This growth stock is benefiting as consumers unleash pent-up demand for away-from-home experiences.

Fool.com contributor Parkev Tatevosian has found one excellent growth stock that is on the right side of changing consumer behavior.

*Stock prices used were the afternoon prices of July 1, 2023. The video was published on July 3, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends the following options: long January 2025 $25 calls on Penn Entertainment and short January 2025 $30 calls on Penn Entertainment. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.