Bubble Score Alert: Buyers of this Casino Stock are Really Gambling
Leisure and entertainment destinations will do worse than average in this inflationary environment. Everyday Americans have to put gas in their cars along with putting food on the table. With higher prices across the board, once those necessities are taken care of, there is far less discretionary income for vacations, resorts and casinos. Using the Bubble Score system, Jim and Dan recommend put options on one of the world’s largest operators of luxury resort and entertainment venues as a drop in discretionary spending will put pressure on its stock price in the coming weeks.