Digging Boyd Gaming (BYD)

Discussion in 'Stocks' started by JWathen, Feb 22, 2008.

  1. JWathen


    This stock looks hot. Recession worries sent the stock dropping but it looks like a buy here.

    Earnings come out next week, on the 27th. Unless they report absolutely terrible earnings, this stock is cheap by any indicator.

    Its down 50% from its highs last June and looks ready to rebound. The gambling industry may be slowing but the technicals look great. RSI divergence, support and for the fundies a PE ratio of 6.3.