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Penn National (PENN) Jumps: Stock Rises 7.4%

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Penn National Gaming, Inc. (PENN - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 37.6% in the past one-month time frame.

The company has seen six positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Penn National. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Penn National currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Another stock worth considering in the Gaming industry is Churchill Downs Incorporated (CHDN - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Churchill Downs, Incorporated (CHDN) - free report >>

Penn National Gaming, Inc. (PENN) - free report >>