International Game Technology (NYSE:IGT) reported its Third Quarter 2017 Results on Tuesday, November 14th, much to the delight of investors. Shares ended the day up 15% as the company reported earnings of $0.40/share vs. expectations of $0.24/share. The casino equipment maker’s stock was having a lackluster year but is now nearing its 52-week high of $32.07.
IGT data by YCharts
Investors who got in at the bottom of the stock’s uptrend beginning in June will certainly be happy with their return so far but where will the stock go from here?
Top Casino Stocks To Buy Right Now: Tofutti Brands Inc.(TOF)
Advisors’ Opinion:
- [By Peter Graham]
A long term performance chart for Dean Foods Co shows a positive but not spectacular long term return as small cap Lifeway Foods, Inc (NASDAQ: LWAY) has been more volatile and non-dairy desert stock Tofutti Brands Inc (NYSEMKT: TOF) has given a moderately positive performance:
- [By Peter Graham]
A long term performance chart for Dean Foods Co shows a decent long term return as small caps Lifeway Foods, Inc (NASDAQ: LWAY) and non-dairy desert stock Tofutti Brands Inc (NYSEMKT: TOF) have come up even for investors while mid cap dairy and organics stock WhiteWave Foods Co (NYSE: WWAV) has been an outperformer (Note: Wehad WhiteWave Foods Coin our SmallCap Network Elite Opportunity (SCN EO) portfolio back in October 2014 when our SCN EO newslettersaid that the stock could be an excellent acquisition candidate for a competing mega cap food producer to acquire):
Top Casino Stocks To Buy Right Now: SPDR Wells Fargo Preferred Stock ETF (PSK)
Advisors’ Opinion:
- [By Todd Shriber, ETF Professor]
DWFI holds five other SSgA fixed income ETFs, including the SPDR Wells Fargo Preferred Stock ETF (NYSE: PSK). PSK is DWFI's largest holding at a weight of 25.2 percent. DWFI's second-largest holding is an allocation of almost 25 percent to the SPDR Nuveen Barclays Municipal Bond ETF (NYSE: TFI).
Top Casino Stocks To Buy Right Now: Telephone and Data Systems, Inc.(TDS)
Advisors’ Opinion:
- [By Monica Gerson]
Telephone & Data Systems, Inc. (NYSE: TDS) is projected to report its quarterly earnings at $0.10 per share on revenue of $1.26 billion.
PharMerica Corporation (NYSE: PMC) is estimated to report its quarterly earnings at $0.43 per share on revenue of $509.45 million.
Top Casino Stocks To Buy Right Now: Energy XXI Ltd.(EXXI)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Energy XXI Ltd (NASDAQ: EXXI) were down 72 percent to $0.181 after the company announced that it and some of its subsidiaries have entered into a Restructuring Support Agreement (RSA) with holders of more than 63 percent of its secured second lien 11.0 percent notes. Energy XXI added that in order to implement the terms of the RSA, it has commenced cases under Chapter 11 of the Bankruptcy Code.