Sinful Stocks

A million beers await drinkers as Europe's bars reopen

As bars across Europe gradually reopen, up to a million free or pre-paid beers are waiting to lure back wary consumers. Beer makers from global giant Anheuser-Busch InBev <ABI.BR> to smaller craft brewers have set up schemes for consumers to buy drinks in advance to support shuttered bars with, in some cases, the reward of free beer when the doors reopen. AB InBev launched its first scheme "Cafe Courage" in Belgium and has since sold over 200,000 Stella Artois, Jupiler and other brands.

Why MGM Resorts International Stock Gained 10% Today

Casino operator MGM Resorts is getting ready for its big day, and investors appear to be anticipating good results.

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  Las Vegas Based Environ Safety LLC, Announces Its Global Partnership with RGF Environmental Group, to Provide High Quality Air with Advanced Oxidation Technologies to get the World Back to Work

  PR Newswire
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  Chicago to begin coronavirus reopening plan despite unrest, mayor says

  WGN - Chicago

Top Stock Reports for Alibaba, UnitedHealth & Merck

Top Stock Reports for Alibaba, UnitedHealth & Merck

Implied Volatility Surging for AB InBev (BUD) Stock Options

Investors need to pay close attention to AB InBev (BUD) stock based on the movements in the options market lately.

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  Is the Options Market Predicting a Spike in Independence Realty Trust (IRT) Stock?

  Zacks
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  Do Options Traders Know Something About Tivity Health (TVTY) Stock We Don't?

  Zacks

3 Tourism Stocks to Watch as the Economy Reopens

Travel is one of the hardest hit industries during the coronavirus pandemic. But these stocks won't stay cheap forever.

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  Canada Has Banned Cruises Until November

  Motley Fool
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  Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean

  Benzinga

Here Are My Top 3 High-Yield Dividend Stocks to Buy Now

High-yield dividend stocks can help you generate a bountiful cash income stream from the stock market. Here are three outstanding dividend stocks that offer a rare wealth-building combination of low risk, attractive yields, and intriguing growth potential. Infrastructure lends itself well to the payment of dividends.

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  3 Stocks With Dividends Yielding More Than 3%

  Motley Fool
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  3 Great Income Stocks That Could Double Their Dividends

  Motley Fool

Dow Jones Today, Futures Sag After Jobless Report; Boeing, Airlines Rally; Lights Back On In Vegas

Stock futures lagged, but airlines and casinos rallied Thursday, and Amazon news boosted Boeing to the top of Dow Jones today.

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  Dow Jones Up 400 Points as Boeing Stock Soars, Apple's App Store Sees Sustained Demand

  Motley Fool
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  Dow Jones Today, Stocks Rally On Payrolls, Covid Data; CrowdStrike, MicroChip Soar; Nasdaq Nears Record High

  Investor's Business Daily

Some tech workers are slowly trickling back to the office this month

Slowly, Americans are migrating back to a very different world — offices designed to accommodate social distancing, staggered schedules, temperature checks, daily deep cleanings, contact tracing and potential testing.

Las Vegas, slowed by coronavirus and shaken by violence, readies for reopening

Shut down in mid-March by coronavirus, Las Vegas' casinos prepare to reopen. Will crowds flock back?

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  Las Vegas reopening from coronavirus casino closure

  Associated Press
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  Nevada betting on health safety as Las Vegas casinos reopen

  Associated Press

Hexo, Brinks Company, Zoom Video and Crowdstrike highlighted as Zacks Bull and Bear of the Day

Hexo, Brinks Company, Zoom Video and Crowdstrike highlighted as Zacks Bull and Bear of the Day

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  Why Medallia Stock Plunged Today

  Motley Fool
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  Dow Jones Futures Rise Amid Peaceful Protests; Coronavirus Market Rally Winners Zoom Video, CrowdStrike Rise On Blowout Earnings

  Investor's Business Daily

Why Canopy Growth Is Still a Better Marijuana Stock Than Aurora Cannabis

Aurora Cannabis (NYSE: ACB) surprised nearly everyone in mid-May with better-than-expected fiscal 2020 third-quarter results. It was a much different story for Canopy Growth (NYSE: CGC) when the company reported its fiscal 2020 fourth-quarter update last week. With the two divergent quarterly updates, is Aurora now the better pick for long-term investors?

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  Why Aurora Cannabis Stock Soared 59% in May

  Motley Fool
• Aurora Cannabis nets C$27.6 million in sale of Alcanna shares to underwriting syndicate

  MarketWatch

Hedge Funds Nibbling On Molson Coors Beverage Company (TAP)

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

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  Is AMETEK, Inc. (AME) A Good Stock To Buy According To Hedge Funds?

  Insider Monkey
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  Formula One Group (FWONK): Hedge Funds In Wait-and-See Mode

  Insider Monkey

Hexo Receives Expanded License to Use Its Main Facility to Produce Cannabis Beverages

The Ontario site will produce the drinks for Truss Beverages, Hexo's joint venture with Molson Coors.

Sands China Announces Pricing of $1.5 Billion of Senior Unsecured Notes

Las Vegas Sands Corp. (NYSE: LVS) today announced that its majority owned subsidiary, Sands China Ltd. ("Sands China"), has priced $800 million of 3.800% senior notes due 2026 and $700 million of 4.375% senior notes due 2030. The offering is expected to close on June 4, 2020, subject to customary closing conditions.

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  Southwest Airlines Announces Pricing Of Notes

  PR Newswire
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  Molina Healthcare Announces Closing of Offering of $800 Million of 4.375% Senior Notes Due 2028

  Business Wire

Las Vegas Casinos Reopen This Week, And Here's What Investors Should Expect

After more than two months of being completely shut down, casinos on the Las Vegas strip will reopen this week for the first time as part of the city's "Phase 2" plan to safely return to normal. While reopenings will be a big step in the right direction for casino stock investors, Vegas will still have a steep hill to climb in the near term.What Happened? On June 4, MGM Resorts International (NYSE: MGM) plans to reopen the Bellagio, MGM Grand and New York-New York casinos, which represent a combined 39% of the company's total Las Vegas rooms. Caesars Entertainment Corporation (NASDAQ: CZR) also plans to reopen Caesars Palace and the Flamingo, which account for 32% of its total Vegas rooms.Wynn Resorts, Limited (NASDAQ: WYNN) also plans to open both its Wynn and Encore casinos. Las Vegas Sands Corp. (NYSE: LVS) is reopening the Venetian and the Palazzo.Why It's Important: The good news for casino stock investors is that other regional casinos that have already reopened have witnessed significant pent-up demand. For example, Mississippi Gulf Coast casinos reopened at half capacity for Memorial Day weekend and reported a 17.3% increase in gross gaming revenue for the weekend compared to last year. Bank of America analyst Shaun Kelley said Tuesday casinos in other regions of the country have demonstrated similar trends."Casino openings so far have shown signs of pent-up demand, a trend which we expect to persist in the near-term possibly making our down ~95% GGR estimates for Q2 too conservative," Kelley wrote in a note.See Also: Analyst: Why Penn National And Boyd Could Outperform As US Casinos Reopen What's Next? Unfortunately, Kelley said Vegas may be one of the slowest areas to recover due to its reliance on air travel, cancellations of events and conventions and relatively low pricing power. Kelley estimates air traffic makes up roughly 60% of Vegas' total visitors, and the latest air traffic data suggests travel remains down about 90% from a year ago.For investors looking to bet on a Vegas recovery, Bank of America has the following ratings and price targets for the four casino stocks mentioned: * Las Vegas Sands, Buy rating and $61 target. * Wynn Resorts, Buy rating and $95 target. * MGM Resorts, Underperform rating and $15 target. * Caesars, no rating.Benzinga's TakeFor the next several months, most investors will be looking past abysmal near-term numbers and hoping that their stocks catch a bid based on expectations that the economy will eventually return to normal.Las Vegas casino stocks will likely be closely tied to a recovery in air travel, and Bank of America estimates 2021 US airline revenue will be down just 18% from 2019 levels.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Latest Ratings for MGM DateFirmActionFromTo May 2020UBSMaintainsNeutral May 2020Credit SuisseAssumesNeutral May 2020B of A SecuritiesDowngradesNeutralUnderperform View More Analyst Ratings for MGM View the Latest Analyst RatingsSee more from Benzinga * 7 Sin Stocks To Buy During The Coronavirus Shutdown * Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios * The Road To Recovery For Las Vegas Casino Stocks(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

2 “Strong Buy” Consumer Cyclical Stocks That Offer Massive Upside

Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]

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  Is Cal-Maine Foods (CALM) A Good Stock To Buy?

  Insider Monkey
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  Should Value Investors Buy Kirby Corporation (KEX) Stock?

  Insider Monkey

Canopy Growth CEO says new data on cannabis beverages show they can be bigger than hard seltzer

Despite recent troubles, Canopy Growth is optimistic its cannabis beverages can dwarf the growth of hard seltzers.

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  Aphria, Aurora Analyst Says Buy The Dip To Take Advantage Of Cannabis Stock Sell-Off

  Benzinga
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  Canopy Growth: Things Are Worse Than Thought, Says Jefferies

  TipRanks