Among the major players, 2019's top-performing casino stocks were Caesars Entertainment and Eldorado Resorts, up 100% and 65%, respectively. But their performance was driven by a buyout that the. 3 Casino Stocks to Buy, Despite Covid-19 Concerns As Covid-19 cases rise around the country, investors betting on a casino resurgence may be pressing their luck. Casino share prices dived sharply as the coronavirus crisis began to take a grip in the United States. But could now be the ideal time to make an investment in online casino stocks? Land-based casinos seem set to stay shut for some time with lockdown conditions likely to be extended. The pandemic is yet to.
Best Casino Stocks To Buy
Casino stock prices have plummeted in recent weeks because of the COVID-19 pandemic. But one gaming industry analyst believes the bottom has been reached, and now is the time to buy. Penn National Gaming (NYSE: PENN) isn’t your classic casino developer such as the companies above. Overall, it’s one of the most unique casino stocks available today. Yes, Penn does own and operate casinos across the United States. However, it also runs horse racing tracks and purchased a 36% stake in Barstool Sports for $163 million.
By Luke Lango of InvestorPlace Activision (NASDAQ:ATVI) Take-Two (NASDAQ:TTWO) Electronic Arts (NASDAQ:EA) Nintendo (OTCMKTS:NTDOY) Zynga (NASDAQ:ZNGA) To no one's surprise, video game stocks are on fire right now. The novel coronavirus pandemic has forced everyone inside, and bored consumers starving for at-home entertainment are spending more time (and money) on video games. All of the best video game stocks I follow are up more than 5% year-to-date. The S&P 500, in contrast, is down 13% in 2020. This early 2020 strength in video game stocks is more than a near-term phenomena. It's the beginning of a multi-year run higher thanks to a rush of technological breakthroughs that will dramatically improve the industry's growth prospects in the early 2020s. Those breakthroughs include: 5G. Thanks to this new wave of wireless connectivity, video games -- especially video game streaming services -- will be faster than ever before, with almost no lag and significantly improved graphics. Artificial and virtual reality. Dramatic improvements in AR/VR technology, thanks mostly to 5G deployment, will enable every console and mobile game to include AR/VR capability of some sort. Cloud gaming. Also thanks to 5G, there will be huge breakthroughs in the ability for consumers to simply stream games from the cloud, without the need for hardware, or any installation, or any cables. Together, over the next few years, these technological breakthroughs will: 1) increase the number of consumers interested in gaming, 2) increase the amount of time consumers spend gaming, and 3) increase how much revenue and profit video game companies earn from gamers. All of that means that video game stocks can and will head higher over the next three to five years. As such, if you're looking for stocks to buy for big gains in the early 2020s, consider the best video game stocks:
Best Gambling Stocks To Buy
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