Best Casino Stocks To Watch Right Now

tags:MEG,SAGE,EIA,ZGNX,PEIX,RRD,

Wynn Resorts, Limited (NASDAQ:WYNN) was hit with a casino heist overseas that set it back $6 million.

Source: Aurlmas via Flickr (Modified)

The theft took place on Tuesday at the Wynn Macau, one of the most popular gambling spots in a Chinese territory that sees more action and rakes in more revenue than Wynn locations in Las Vegas.

Best Casino Stocks To Watch Right Now: Media General, Inc.(MEG)

Advisors' Opinion:

• [By Logan Wallace]

  MEG Energy (TSE:MEG)‘s stock had its “sector perform spec overwgt” rating reissued by analysts at National Bank Financial in a research report issued on Tuesday.

• [By Ethan Ryder]

  MEG Energy (TSE:MEG) Director William Robert Klesse sold 4,783 shares of the company’s stock in a transaction on Friday, June 1st. The stock was sold at an average price of C$8.78, for a total transaction of C$41,994.74.

• [By Ethan Ryder]

  Macquarie upgraded shares of MEG Energy (TSE:MEG) from a neutral rating to an outperform rating in a research note released on Monday morning. Macquarie currently has C$12.50 price objective on the stock, up from their prior price objective of C$8.00.

Best Casino Stocks To Watch Right Now: Sage Therapeutics, Inc.(SAGE)

Advisors' Opinion:

• [By ]

  Cramer was bearish on Geron (GERN) , Mitek Systems (MITK) , AK Steel Holding (AKS) , Sage Therapeutics (SAGE) and AbbVie (ABBV) .

  Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

• [By Max Byerly]

  Get a free copy of the Zacks research report on SAGE Therapeutics (SAGE)

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

• [By ]

  Sage Therapeutics (SAGE) : "Let's wait and see. I can't bless it until I see more from them."

  AbbVie (ABBV) : "I want to stay away from controversy. I like Eli Lilly (LLY) ."

• [By Chris Lange]

  Sage Therapeutics, Inc. (NASDAQ: SAGE) shares made a handy gain on Tuesday after the firm announced its expedited development plan for SAGE-217 following a Breakthrough Therapy meeting with the U.S. Food and Drug Administration (FDA).

Best Casino Stocks To Watch Right Now: Eaton Vance California Municipal Bond Fund II(EIA)

Advisors' Opinion:

• [By Joseph Griffin]

  Eaton Vance California Municpl Bnd Fd II (NYSEAMERICAN:EIA) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 22nd will be given a dividend of 0.0442 per share by the closed-end fund on Friday, June 29th. This represents a $0.53 annualized dividend and a yield of 4.89%. The ex-dividend date is Thursday, June 21st.

Best Casino Stocks To Watch Right Now: Zogenix, Inc.(ZGNX)

Advisors' Opinion:

• [By Maxx Chatsko]

  Shares of Zogenix (NASDAQ:ZGNX) fell nearly 15% last month, according to data provided by S&P Global Market Intelligence. The pharma company announced it was issuing up to 6.9 million shares of common stock at $52 apiece. While Mr. Market wasn't thrilled with the dilution, the share offering was actually a pretty wise move. That's because it took advantage of a recent surge in the stock price to raise up to $359 million in gross proceeds.

• [By Todd Campbell]

  In patients with tough-to-treat forms of epilepsy, Zogenix's (NASDAQ:ZGNX) ZX008 may work better than GW Pharmaceuticals' (NASDAQ:GWPH) marijuana-based drug, Epidiolex. Can ZX008 give Epidiolex a run for its money, or will perceptions about its safety derail demand?

• [By Cory Renauer]

  Here's what you need to know about the catalysts that could send these stocks soaring, or plummeting, in the third quarter.

  Company Market Cap Incoming Catalyst Spark Therapeutics Inc. (NASDAQ:ONCE)  $3.09 billion Clinical trial results Zogenix, Inc. (NASDAQ:ZGNX) $1.56 billion Clinical trial results Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) $593 million PDUFA date

  Data source: Yahoo! Finance.

• [By Stephan Byrd]

  Zogenix (NASDAQ:ZGNX) last posted its quarterly earnings results on Wednesday, May 9th. The company reported ($0.87) earnings per share for the quarter, missing the consensus estimate of ($0.74) by ($0.13). During the same period in the prior year, the company posted ($0.86) earnings per share. analysts predict that Zogenix, Inc. will post -3.85 EPS for the current fiscal year.

Best Casino Stocks To Watch Right Now: Pacific Ethanol Inc.(PEIX)

Advisors' Opinion:

• [By Paul Ausick]

  Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest fall by 4.5% in the two-week period to 865,593 shares, about 2% of the company’s float. Days to cover remained at two. The stock price tumbled by about 19.6% in the short interest period. Shares closed at $1.60 on Wednesday, flat on the day, in a 52-week range of $1.55 to $6.06.

• [By Paul Ausick]

  Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest jump by 22.2% in the period to 867,168 shares, about 2.1% of the company’s float. Days to cover rose from two to three. The stock price soared by more than 17% in the two weeks to July 31. Shares closed at $2.35 on Thursday, down more than 11% on the day, in a 52-week range of $2.30 to $6.06.

• [By Logan Wallace]

  Pacific Ethanol (NASDAQ:PEIX) posted its quarterly earnings data on Monday. The oil and gas company reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.10), Bloomberg Earnings reports. Pacific Ethanol had a negative return on equity of 8.84% and a negative net margin of 2.14%.

• [By Paul Ausick]

  Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest rise by 4.5% in the two weeks to 2.27 million shares, about 5.3% of the company’s float. Days to cover remained at five. The stock price rose by about 1.2% in the period. Shares closed at $3.40 on Wednesday, up nearly 8% on the day, in a 52-week range of $2.75 to $7.50.

• [By Paul Ausick]

  In the two-week period, Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest rise 5.4%, to 2.46 million shares, about 5.8% of the company’s float. The number of days to cover remained unchanged at six. The stock price fell 4.2% in the two weeks that ended May 31. The price of shares was $2.92 at Monday’s market close, down about 3% on the day, within a 52-week range of $2.75 to $7.50.

Best Casino Stocks To Watch Right Now: R.R. Donnelley & Sons Company(RRD)

Advisors' Opinion:

• [By Timothy Green]

  Shares of R.R. Donnelley & Sons (NYSE:RRD) slumped on Thursday after the business communications and marketing company reported lackluster second-quarter results. While revenue grew compared to the prior-year period, the bottom line tumbled and badly missed analyst expectations. RRD also slashed its quarterly dividend. The stock was down about 17.6% at 11:30 a.m. EDT.

• [By Timothy Green]

  Shares of R.R. Donnelley & Sons (NYSE:RRD) jumped on Tuesday after the provider of business services and marketing solutions received an analyst upgrade. The stock was up about 8.1% at 12:35 p.m. EDT after being up as much as 16% earlier in the day.

• [By Max Byerly]

  Sei Investments Co. raised its stake in RR Donnelley & Sons Co (NYSE:RRD) by 51.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,150 shares of the business services provider’s stock after acquiring an additional 8,847 shares during the period. Sei Investments Co.’s holdings in RR Donnelley & Sons were worth $229,000 as of its most recent SEC filing.

• [By Nicholas Rossolillo]

  While true in theory, many stocks with high yields are high-yielding for a reason: They are also high risk. What seemed like easy money could end up having the opposite of the desired effect. With that in mind, here are three stocks that look like yield traps to me: Pitney Bowes (NYSE:PBI), R.R. Donnelley & Sons (NYSE:RRD), and Teekay Tankers (NYSE:TNK).

• [By Joseph Griffin]

  RR Donnelley (NYSE:RRD) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday.