Boyd Gaming Corporation
Long

Roll the dice on Boyd Gaming Corp.

224
Opportunities for sports betting in the USA is a compelling reason to have a look at BYD, it also has a very diversified revenue stream in a sector which has been in recovery mode of late.
We think that there is opportunity for a long short term trade in the stock with a break above the 100ma as our trigger.

AVERAGE ANALYSTS PRICE TARGET $35
AVERAGE ANALYSTS RECOMMENDATION Buy
P/E RATIO 24
SHORT INTEREST 9%

COMPANY PROFILE
Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area. The Downtown Las Vegas segment comprises of the following casinos: California Hotel and Casino, Fremont Hotel and Casino, and Main Street Station Casino, Brewery and Hotel. The Midwest & South segment operates land-based casinos, dockside riverboat casinos, racinos, and barge-based casinos in the Midwest and southern United States. Its portfolio includes hotels, casino, breweries, resorts, and spa. The company was founded by William Samuel Boyd and Sam Boyd on January 1, 1975 and is headquartered in Las Vegas, NV.

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