According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best casino stocks to buy right now are:
1. Melco Resorts & Entertainment (NASDAQ:MLCO)
The Component Grade breakdown for Melco Resorts & Entertainment (NASDAQ:MLCO) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: B.
Melco Resorts & Entertainment (NASDAQ:MLCO) has a Due Diligence Score of 26, which is 1 points higher than the casino industry average of 25.
MLCO passed 11 out of 38 due diligence checks and has average fundamentals. Melco Resorts & Entertainment has seen its stock return 36.69% over the past year, overperforming other casino stocks by 31 percentage points.
Melco Resorts & Entertainment has an average 1 year
price target of $8.56, a downside of -3.06% from Melco Resorts & Entertainment's current stock price of $8.83.
Melco Resorts & Entertainment stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Melco Resorts & Entertainment, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Monarch Casino & Resort (NASDAQ:MCRI)
The Component Grade breakdown for Monarch Casino & Resort (NASDAQ:MCRI) is: Value: B, Growth: D, Momentum: C, Sentiment: B, Safety: D, Financials: A, and AI: C.
Monarch Casino & Resort (NASDAQ:MCRI) has a Due Diligence Score of 56, which is 31 points higher than the casino industry average of 25.
MCRI passed 21 out of 38 due diligence checks and has strong fundamentals. Monarch Casino & Resort has seen its stock return 25.38% over the past year, overperforming other casino stocks by 20 percentage points.
Monarch Casino & Resort has an average 1 year
price target of $85.00, a downside of -2.86% from Monarch Casino & Resort's current stock price of $87.50.
Monarch Casino & Resort stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Monarch Casino & Resort, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.
3. Boyd Gaming (NYSE:BYD)
Boyd Gaming (NYSE:BYD) is the #3 top casino stock out of 17 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Boyd Gaming (NYSE:BYD) is: Value: B, Growth: F, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Boyd Gaming (NYSE:BYD) has a Due Diligence Score of 47, which is 22 points higher than the casino industry average of 25.
BYD passed 18 out of 38 due diligence checks and has strong fundamentals. Boyd Gaming has seen its stock return 42.67% over the past year, overperforming other casino stocks by 37 percentage points.
Boyd Gaming has an average 1 year
price target of $81.50, a downside of -1.03% from Boyd Gaming's current stock price of $82.35.
Boyd Gaming stock has a consensus Hold recommendation according to Wall Street analysts. Of the 10 analysts covering Boyd Gaming, 10% have issued a Strong Buy rating, 20% have issued a Buy, 70% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.