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Why Caesars Entertainment (CZR) is a Top Growth Stock for the Long-Term

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

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Caesars Entertainment (CZR)

Caesars Entertainment is a diversified gaming and hospitality company based in Reno, NV. Founded by the Carano family in 1973, the company’s primary source of revenues is generated through gaming operations that include mobile, online gaming and sports betting.

CZR sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 213.3% and 7.1% year-over-year, respectively.

Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $3.85 to $4.09 per share. CZR also boasts an average earnings surprise of 74.3%.

On a historic basis, Caesars Entertainment has generated cash flow growth of 53.3%, and is expected to report cash flow expansion of 32.6% this year.

CZR should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

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Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report

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Zacks Investment Research