Top 5 Casino Stocks To Own For 2019

Las Vegas Sands (NYSE:LVS) was a great stock to own last year, rallying 30% on surging gaming revenues in Macau. However, 2018 was a much uglier year for the casino giant, which saw its stock drop 5% amid slowing growth in Macau and escalating trade tensions between the US and China.

I bought some shares of Las Vegas Sands last year, but I recently sold my entire position. I still think Sands has a good business model, but the risks now outweigh the rewards for six simple reasons.

Image source: Las Vegas Sands.

1. A slowdown in Macau

Sands generated 64% of its revenue and 59% of its hold-normalized adjusted EBITDA from its Macau properties last quarter. Unfortunately, the GGR (gross gaming revenue) numbers in Macau haven’t been impressive over the past three months.

Top 5 Casino Stocks To Own For 2019: Mastech Holdings, Inc(MHH)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Mastech Digital Inc (NYSEAMERICAN:MHH) CFO John J. Cronin sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $10.74, for a total value of $128,880.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Top 5 Casino Stocks To Own For 2019: Hingham Institution for Savings(HIFS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Epoch Investment Partners Inc. grew its stake in Hingham Institution for Savings (NASDAQ:HIFS) by 71.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,261 shares of the savings and loans company’s stock after purchasing an additional 38,440 shares during the quarter. Epoch Investment Partners Inc. owned approximately 4.37% of Hingham Institution for Savings worth $19,006,000 as of its most recent SEC filing.

  • [By Max Byerly]

    Port Capital LLC lifted its stake in Hingham Institution for Savings (NASDAQ:HIFS) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,159 shares of the savings and loans company’s stock after purchasing an additional 5,943 shares during the quarter. Hingham Institution for Savings accounts for approximately 1.4% of Port Capital LLC’s holdings, making the stock its 25th biggest position. Port Capital LLC owned approximately 2.28% of Hingham Institution for Savings worth $9,921,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    Hingham Institution for Savings (NASDAQ:HIFS) and SVB Financial Group (NASDAQ:SIVB) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, earnings, analyst recommendations and dividends.

Top 5 Casino Stocks To Own For 2019: Bank Of Montreal(BMO)

Advisors’ Opinion:

  • [By Todd Campbell]

    Aurora Sky isn’t Aurora Cannabis’ only facility, either. It’s already producing at Aurora Vie, and its funded projects include Aurora Nordic and Aurora Sun. Overall, the company boasts 570,000 kilograms of funded annual marijuana production, not including additional capacity that it can add from other expansion projects and acquisitions. Earlier this month, the company secured a $250 million credit facility from Bank of Montreal (NYSE:BMO) to help it on that front.

  • [By Ethan Ryder]

    Gulf International Bank UK Ltd lessened its holdings in shares of Bank of Montreal (NYSE:BMO) (TSE:BMO) by 1.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 203,765 shares of the bank’s stock after selling 2,350 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Bank of Montreal were worth $15,372,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Bank of Montreal (TSE:BMO) (NYSE:BMO) announced a quarterly dividend on Tuesday, August 28th, RTT News reports. Investors of record on Thursday, November 1st will be given a dividend of 0.96 per share by the bank on Tuesday, November 27th. This represents a $3.84 dividend on an annualized basis and a yield of 3.62%.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Bank of Montreal (BMO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    In other news, insider Ron Farmer acquired 1,000 shares of the business’s stock in a transaction dated Friday, December 21st. The stock was acquired at an average price of C$87.92 per share, with a total value of C$87,920.00. Following the completion of the transaction, the insider now directly owns 4,000 shares in the company, valued at approximately C$351,680. Also, Director Craig Wyeth Broderick acquired 1,130 shares of the business’s stock in a transaction dated Wednesday, December 12th. The stock was purchased at an average cost of C$68.37 per share, with a total value of C$77,258.10. In the last three months, insiders bought 3,130 shares of company stock valued at $254,528.

    ILLEGAL ACTIVITY NOTICE: “Bank of Montreal (BMO) to Release Quarterly Earnings on Tuesday” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at www.tickerreport.com/banking-finance/4177317/bank-of-montreal-bmo-to-release-quarterly-earnings-on-tuesday.html.

    About Bank of Montreal

  • [By Ethan Ryder]

    Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price raised by Desjardins from C$104.00 to C$106.00 in a report published on Wednesday morning. Desjardins also issued estimates for Bank of Montreal’s Q2 2019 earnings at $2.33 EPS, Q3 2019 earnings at $2.43 EPS and Q4 2019 earnings at $2.47 EPS.

Top 5 Casino Stocks To Own For 2019: Cancer Genetics, Inc.(CGIX)

Advisors’ Opinion:

  • [By Max Byerly]

    Cancer Genetics Inc (NASDAQ:CGIX) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 565,972 shares, a drop of 38.5% from the May 15th total of 919,865 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average trading volume of 207,962 shares, the short-interest ratio is currently 2.7 days.

  • [By Ethan Ryder]

    Cancer Genetics Inc (NASDAQ:CGIX) shares were up 11.5% during trading on Friday . The company traded as high as $1.30 and last traded at $1.26. Approximately 511,599 shares traded hands during trading, an increase of 51% from the average daily volume of 338,528 shares. The stock had previously closed at $1.13.

  • [By Max Byerly]

    OpGen (NASDAQ: OPGN) and Cancer Genetics (NASDAQ:CGIX) are both small-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, valuation, profitability and risk.

  • [By Max Byerly]

    COPYRIGHT VIOLATION NOTICE: “Cancer Genetics (CGIX) Trading Down 7.4%” was published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at www.tickerreport.com/banking-finance/4204844/cancer-genetics-cgix-trading-down-7-4.html.

  • [By Lisa Levin]

    Cancer Genetics, Inc. (NASDAQ: CGIX) is expected to report quarterly loss at $0.13 per share on revenue of $8.20 million.

    Sypris Solutions, Inc. (NASDAQ: SYPR) is projected to report quarterly loss at $0.07 per share on revenue of $20.35 million.

Top 5 Casino Stocks To Own For 2019: Enduro Royalty Trust(NDRO)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
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    NetEase, Inc. (NASDAQ: NTES) fell 8.3 percent to $244.00 in pre-market trading after reporting Q1 results.
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    Children's Place, Inc. (