Fun and Fresh Take on the Stock Market Highlights: Gambling.com, Sportradar, Bally's, and MGM Resorts International
Hot Stocks on the Rise: Gambling.com Takes the Lead
Stock Market Players Bet on Gambling.com, Sportradar, Bally's, and MGM Resorts
Who's got the winning hand? Well, according to analysts, it's definitely Gambling.com! Jefferies' David Katz declared, "Gambling.com's stellar performance ain't just luck – it's the real deal." Katz is bullish on the company's aggressive digital growth plans and, like a prophet, envisions the coveted $100 million EBITDA in no time.[1]
Meanwhile, Barry Jonas of Truist Securities couldn't help but praise Gambling.com's impressive igaming growth that outshone the slightly sluggish sports betting segment. With a runway for continued victory ahead, the $100 million EBITDA goal is well within reach.[2]
So, if you're the gambling type, stocking up on Gambling.com could be a smart bet. They're the cool new kid on the block betting big on a digital-first future.
Sportradar's Game Changing Quarter
Let's talk about Sportradar. David Katz from Jefferies was ecstatic over their Q1 results and praised their jaw-dropping revenue and EBITDA growth. The IMG deal is close to closing, which implies even dazzling profits ahead, paving the way for higher analyst estimates and shares.[3]
Bally's: Liquid Foam or a Sturdy Bet?
Bally's is another game in town. With the acquisition of Queen, Chicago, and Tropicana, there are potential wins up for grabs. Barry Jonas from Truist Securities, however, is slightly cautious about Bally's execution risks, leverage, and share liquidity concerns.[4]
MGM Resorts: Las Vegas' Stable Gamble
What about MGM Resorts? Fitch Ratings believes MGM is sailing steady, maintaining its IDR at 'BB-' and strong ties to its subsidiary, MGM China Holdings Limited.[5]
Who to Watch and Why
Gambling.com? Hot and happening.Sportradar? A game-changer on the rise.Bally's? Slightly shaky but potentially profitable with the right moves.MGM Resorts? Steady as she goes.
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- Despite the slightly cautious views of some analysts, the strong performance of Gambling.com, as highlighted by David Katz of Jefferies, could potentially offset execution risks and share liquidity concerns found in other subsidiaries.
- Thexpected integration of Sportradar's recent IMG deal, followed by their impressive Q1 results, could bolster financial gains and analyst predictions, leading to a surge in shares.
- MGM Resorts International, despite facing steady competition in the gambling sector, demonstrates financial stability, with Fitch Ratings, maintaining its subsidiary, MGM China Holdings Limited, on a strong footing.
