PENN Entertainment Inc
JPMorgan downgrades DraftKings, says other sports betting stocks look more attractive
It’s time for investors to ditch shares of DraftKings , according to JPMorgan. Analyst Joseph Greff downgraded shares of the gaming stock to underweight from neutral, saying in a note to clients that the company’s peers offer a clearer path to online-sports-betting (OSM) profitability. “For DKNG, we see a longer runway and more risk to […]
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Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter
Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Houston Astros to win the baseball World Series. Wayne Parry | AP Mattress Mack’s record-breaking $75 million payout on a wager that the Houston Astros would win the World […]
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Cramer’s lightning round: Harmonic is not a buy
Harmonic Inc: “Sells way too high on a price-to-earnings multiple for me to recommend when there’s so many cheaper stocks out there.” Cloudflare Inc: “It is okay to buy. I know that’s a tough call, but I do believe it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost […]
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Dan Niles’ Satori Fund is beating the market this 12 months. Here’s where he is placing his revenue
This year’s bear industry has left numerous buyers deep in the crimson, but Dan Niles claims his Satori Fund has bucked the trend. Niles said the U.S.-targeted prolonged-brief equity fund is up this calendar year, outperforming the S & P 500 , which has declined around 20% in the exact same time period. He did […]
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