Shares of gaming and hospitality company Boyd Gaming (NYSE:BYD)
jumped 3.5% in the morning session after the company reported strong second-quarter financial results that surpassed analyst expectations for both revenue and earnings.
Wall Street looked set to close the week on a high note, with large-cap benchmarks pushing higher in Friday's midday trading as optimism over corporate earnings and progress on global trade talks provided support for risk assets.
Gaming and hospitality company Boyd Gaming (NYSE:BYD) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 6.9% year on year to $1.03 billion. Its non-GAAP profit of $1.87 per share was 12.2% above analysts’ consensus estimates.
Wall Street is poised to conclude the week on a cautious note, with equities easing on Friday after President Donald Trump signaled a more aggressive trade stance.
Shares of gaming and hospitality company Boyd Gaming (NYSE:BYD)
fell 6.7% in the afternoon session after an analyst at Susquehanna downgraded the stock.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Most consumer discretionary businesses succeed or fail based on the broader economy. Over the past six months, it seems like demand trends are working against their favor as the industry
has tumbled by 11.9%. This drawdown was particularly discouraging since the S&P 500 held its ground.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Exciting developments are taking place for the stocks in this article.
They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.
