Casino/Gaming Stocks: Good or Bad Long-Term Investment?

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  • outforseason36
    SBR Sharp
    • 08-31-08
    • 350

    #1
    Casino/Gaming Stocks: Good or Bad Long-Term Investment?
    I am considering buying some stocks in the following casino/gaming companys:

    COMPANY-COST/SHARE-SYMBOL-(52 WEEK HIGH)
    Wynn Resorts LTD $20.80 WYNN ($119.74)
    MGM Mirage $3.53 MGM ($64.85)
    Las Vegas Sands $2.27 ($84.29)
    Boyd Gaming Corporation $4.03 BYD ($21.65)

    I am also considering investing a little bit in General Electric Company.
    General Electric Company $9.62 GE ($38.52)



    I know there is a lot of speculation at this point because of a lot of different factors, but I am seeing this as a potentially low risk, high long-term reward investment.
  • 007Fatty
    SBR MVP
    • 01-14-09
    • 2267

    #2
    putting your money in stocks is so much better than gambling lol.
    but if you got extra cash put it into oil.
    my parents put a wack load into it wen it was at like 35$ a barrel i think
    and now its over 40. thats a big rise.
    and they are expecting it to get close to 200 if not higher.
    i live in oil city haha
    three of my friends parents own oil companys
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