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Boyd Gaming Corp (BYD) Q2 2021 Earnings Call Transcript


Operator
Good day, and welcome to Boyd Gaming Second Quarter 2021 Earnings Conference Call. [Operator Instructions] [Operator Instructions]
I would now like to turn the conference over to Josh Hirsberg. Please go ahead.
Josh Hirsberg
Executive Vice President, Chief Financial Officer and Treasurer
Thank you, Tom. Good afternoon, everyone, and welcome to our second quarter conference call. Joining me on the call this afternoon is Keith Smith, our President and Chief Executive Officer. Our comments today will include statements that are private forward-looking statements within the Private Securities Litigation Reform Act. All forward-looking statements in our comments are as of today s date, and we undertake no obligation to update or revise the forward-looking statements. ....

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3 Casino Stocks To Buy As Fans Await the Resorts World Opening


Casino Stocks To Buy: Penn National Gaming (PENN)
Source: Casimiro PT / Shutterstock.com
PENN stock has surged by 484% over the past year. However, year-to-date, the stock has remained largely sideways up just 5%. That said, this seems like a good opportunity to buy.
Needham recently started coverage on the stock with a price target of $151. This would imply an upside of 67% from current levels of $90.40.
One reason for being bullish on Penn National is the company’s omni-channel capabilities. In fiscal year 2020, the company acquired 36% stake in Barstool Sports. With online sports betting and iGaming market gaining traction, the company is well-positioned to benefit. ....

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