Full House Resorts Could Offer 100% Upside
The FLL story is only starting to play out. Success for the business should mean huge upside for the stock
Full House Resorts has executed an impressive turnaround, leveraging a substandard portfolio to develop not one but two attractive opportunities.
Casino openings this year should drive impressive growth, and the performance of similar properties suggests the stock is fundamentally undervalued.
The risks are real, but threats of competition and the cycle look potentially overblown. There’s a strong case for 100%-plus returns over three years.