Wednesday, March 20, 2013

Chart of the Day - Caesars Entertainment (CZR)

Caesars Entertainment (CZR) is the Chart of the Day after favorable comments by Gov Christie on his view of the future of on-line betting in New Jersey.  The stock advanced 15 times and is up 63.41% in the last month .  The 100% Barchart technical buy signals show momentum in a stock the analysts have panned. The stock is up 262% since the Trend spotter signaled a buy on 12/3.

The Company is a gaming company engaged in providing casino entertainment services. They operate casino resorts on multiple continents and its casino entertainment facilities include land-based casinos, riverboat or dockside casinos, managed casinos, combination greyhound racetrack and casino, combination thoroughbred racetrack and casino, and harness racetrack and casino, hotel and convention space, restaurants, and non-gaming entertainment facilities.

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