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Boyd Gaming Corp.- Equities of interest

by FxIgor

Joel Kruger suggests this interesting Equities in his section Equities of interest :

Boyd Gaming Corp. (NYSE: BYD)

I am always a sucker for the casino stocks, but as per the usual, you will have to do your homework on the fundamental side before considering the play. Some weaker earnings and the latest storm have not helped the stock price, however, I do think this company will endure, and like the idea that they have been focused on diversifying away from Las Vegas. Technically, the stock is primed for a bullish reversal, with the ticker trading down to fresh multi-week and yearly lows. Daily studies are now highly oversold as well, and the idea of holding this one for the long run seems to be quite compelling.

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Filed Under: Equities of interest

About FxIgor

I am forex trader from 2009. and I am making autotrading systems using Metatrader EA. In this blog I will share my thoughts about daily forex traders, market forexcast, top forex brokers.

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