-
Posted by
Two Blokes May 4 -
Filed in
Stock
-
4 views
Caesars Entertainment (CZR) stock is trading below its May 2020 levels, despite being a leader in gaming — suggesting room for a huge rally. At just above $27, CZR trades at under 8x EV/EBITDAR, a discount compared to some U.S. peers. The company aggressively bought back shares at $24. But there's a reason why long-term results have been disappointing: clearly, the market simply doesn't quite trust the business or management.
