Caesars: Asymmetric Proposition At $39 Per Share (Rating Upgrade)

RudyBalasko Caesars (NASDAQ:CZR) shares have significantly underperformed the broader market since my July article with Caesars stock price down nearly 20% while the S&P 500 (SPY) is up nearly 17%. Given the magnitude of the underperformance, one might expect that Caesars has experienced some sort of business headwinds. However, this is not the case as Caesars continues to generate excellent results - Vegas is producing record results, the regional business remains resilient, and the digital business ha ...