|Bid||16.42 x 1800|
|Ask||16.43 x 1000|
|Day's Range||16.31 - 17.31|
|52 Week Range||5.90 - 34.64|
|Beta (5Y Monthly)||2.19|
|PE Ratio (TTM)||4.24|
|Earnings Date||Oct 28, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||0.01 (0.06%)|
|Ex-Dividend Date||Sep 09, 2020|
|1y Target Est||17.68|
One of them is well-known sports betting app DraftKings -- but I'm more intrigued by two others, Penn National Gaming (NASDAQ: PENN) and MGM Resorts International (NYSE: MGM). Penn National Gaming is a regional casino operator with locations across 19 states. Beyond a casino footprint poised to recover faster than some competition, Penn National Gaming has a powerful sports gambling partner to carve out valuable marketshare in the space.
These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for August 2020.
After the earnings reports from Las Vegas Sands, MGM Resorts International (NYSE: MGM), and Wynn Resorts, no one was thinking the July gambling revenue numbers out of Macao were going to be any good, but the fact they fell another 94.5% in the month suggests the casino operators' recovery is still well off in the distance. The Gaming Inspection and Coordination Bureau said gross revenue from games of fortune plunged to just 1.34 billion patacas (the local Macao currency, the equivalent of $168 million) from 24.4 billion last year.