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Eldorado Resorts (ERI) Surges: Stock Moves 5.7% Higher

Eldorado Resorts, Inc. ERI was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $27.80 –$44.81 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Eldorado Resorts currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Eldorado Resorts, Inc. Price

Eldorado Resorts, Inc. Price
Eldorado Resorts, Inc. Price

Eldorado Resorts, Inc. price | Eldorado Resorts, Inc. Quote

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Investors interested in the Gaming industry may consider TPG Pace Holdings Corp ACEL, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Zacks’ Single Best Pick to Double

From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.

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