Tack a holiday-shortened trading week with a slow period on the corporate quarterly front, and you've got an earnings calendar that is pretty dry this week. Yes, you do have some interesting names like Comverse Technology
Tomorrow will also produce an earnings report from grocer Albertson's
On what is likely to be a more upbeat note, Mandalay Resort Group
Despite a nervous economy -- or, quite possibly, as a result of that nervous economy -- casino operators have been thriving. Last month, Harrah's Entertainment
As casinos take advantage of a mainstream audience by offering premium entertainment and new games that favor the operator even more, the sector's profits have been booming.
So, with analysts expecting Mandalay to post nearly $75 million in profits this quarter -- far more than the company earned in all of fiscal 2002 -- it's just another sign of the gaming industry's lucrative times.
Investors who have chosen to side with the house and buy into the sector have fared well. Mandalay's stock has almost doubled over the past year. Luck may be a lady on most nights, but solid fundamentals leave little to chance.
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Longtime Fool contributor Rick Munarriz may live dangerously, but that doesn't mean that he will hit on 20 in blackjack. He does not own shares in any of the companies mentioned in this story.