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NASDAQ:PENN

Penn National Gaming Inc (PENN)

21.68
+0.47 (2.22%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
45 watching
0
HOLD
It's doing very well, but how will New York state deal with sports betting? He likes PENN's sports book and emphasis on football which he believes is the sport people bet on. He'll stick by this, though it's up for the year.
BUY
More states will legalize gambling. This isn't done, but has room to run.
DON'T BUY
It operates physical casinos which are not good during Covid and with another wave hitting. Though, this is a wonderful company.
PARTIAL BUY
It's had a huge run. Used to be considered an also-ran roll-up with lots of Middle American exposure. Their winter deal with Barstool (https://www.pngaming.com/barstool-sports) will make them the top website for legal gambling which should expand to more states. Their numbers could go way up. Buy now and buy more on a pullback.
SELL

Likes gaming stocks. If you're trading, cash out now. Jumped from $16 to today's level quickly. Reward yourself. Long term looks good.

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