TMCnet News

Highest Beta in the Casinos & Gaming Industry Detected in Shares of Boyd Gaming (BYD, MPEL, MGM, PNK, ISLE)
[December 28, 2012]

Highest Beta in the Casinos & Gaming Industry Detected in Shares of Boyd Gaming (BYD, MPEL, MGM, PNK, ISLE)


Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Casinos & Gaming industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Boyd Gaming ranks highest with a a beta of 1.7. Melco Crown Entertainment is next with a a beta of 1.6. MGM Resorts International ranks third highest with a a beta of 1.6.



Pinnacle Entertainment follows with a a beta of 1.4, and Isle of Capri Casinos rounds out the top five with a a beta of 1.4.

SmarTrend recommended that subscribers consider buying shares of Pinnacle Entertainment on July 30th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $10.40. Since that recommendation, shares of Pinnacle Entertainment have risen 52.6%. We continue to monitor Pinnacle Entertainment for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]