#5 - Caesar’s Entertainment (NASDAQ:CZR)
Casinos are attractive travel destinations, and Caesar’s Entertainment Inc. (NASDAQ: CZR) is one of the top picks in the sector. Caesar’s, which is now owned by Eldorado Resorts, has 54 properties worldwide, making it the largest casino operator in the United States. The company’s portfolio includes eight properties on the Las Vegas Strip, which is always a popular destination.
In addition to the company’s physical casinos and sports books, it has a mobile app that allows for online sports betting, which is how over 90% of consumers place their bets.
That said, CZR stock has been a market laggard for some time. The stock is down over 25% in the last five years and 12.6% in the last 12 months. However, analysts are forecasting earnings growth of over 1,300% in the next 12 months. That’s why the Caesar’s Entertainment analyst ratings on MarketBeat show a 55% upside for the stock.
About Caesars Entertainment
Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.
Read More - Current Price
- $32.82
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 12 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $53.71 (63.7% Upside)
