3 Casino Stocks To Buy Now – Monday, November 20

Perhaps it's because trading stocks can often mirror the thrill of winning big at the blackjack tables, or maybe it's because Las Vegas conjures images of the world's most flashy brands and businessmen. Regardless of the reason, it's clear that gambling stocks are always among the most popular on Wall Street.

With casino stocks this hot right now, investors are not going to want to miss out. Luckily, we can use Zacks' proven stock-picking methods to find solid stocks in any industry. Check out these casino stocks today:

1.       Wynn Resorts (WYNN – Free Report)

Led by the legendary Steve Wynn, this iconic gaming is looking strong after another solid earnings report. Wynn crushed estimates on the top and bottom line, expanded its operations in key markets, and posted EPS and revenue growth rates of over 100% and 45%, respectively. These great results have led to positive earnings estimate revisions, helping the stock earn a Zacks Rank #1 (Strong Buy).

Thanks to these revisions, the Zacks Consensus Estimate for Wynn's upcoming fiscal year has gained a staggering 41 cents over the past 30 days. Furthermore, the company is growing its cash flow by nearly 12% and generating a whopping $7.61 in cash per share right now. Wynn's valuation metrics might cause some hesitation, but its P/E of 28.72 and P/S of 2.64 are not far off the industry averages and certainly within a reasonable range. 

2.       (MCRI – Free Report)

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