Penn National Gaming has been one of the hottest stock’s! Currently trading around $30 a share and growing rapidly, this stock isn’t going to be looking back anytime soon.
Penn Gaming owns multiple hotels, casinos, and owns a % in Barstool Sports. With COVID-19 shutting down the Penn properties the stock dropped to less than $5 a share, now as places reopen the stock is skyrocketing.
With the stock being around $30, people are wondering if it’s too late to buy. I’m not a stock expert, but this stock is sky rocketing and isn’t going to be stopping.
Personally, I won’t be taking money out for awhile. I believe this stock long term will be worth over $100 a share. Here is why you should still buy now.
Sports Are Coming Back
With PENN Gaming being a leader in the sports betting industry, sports coming back will take this stock to another level. The business will be booming.
The partnership with Barstool Sports is going to take them to another level over the next year.
Barstool Sports Is Growing
Barstool Sports continues to grow!
Although the workers aren’t at the office currently the entire Barstool brand is expanding.
Barstool continues to make headlines and Stoolies are loving what’s going on with the entertainment giant.
Hotels Are Opening
Hotels are coming back! As COVID-19 hopefully comes to an end we will see hotels continue to open and with PENN owning multiple hotels, this is a huge win for the entire Penn company!
Casino’s Are Reopening
Penn owns multiple casinos! With casinos reopening, the company will be seeing a huge increase in sales vs the last couple of months!
This is only a win for everyone.
Online Gaming Is Going To Be Huge This NFL Season – Barstool Sports Book?
With Barstool Sports being one of the leaders in the sports entertainment and gambling industry it made sense they partnered up. Now… What’s coming? A Barstool Sports Book! Yup.
Barstool has a gambling app. And this year is going to be huge for it. Barstool and Penn are going to be working on BIG, BIG, BIG, projects as this pandemic slowly ends.