Now it is time for investors to take a look at the five stocks that they could follow over the coming days owing to certain significant developments.
Rogue Baron plc (OTCMKTS:SHNJF) is a premium liquor brand developer that is angling to become the next multi-million dollar buyout success story. Its award–winning Shinju Japanese Whiskey may be the best opportunity to attract one of the majors like Diageo plc or Constellation Brands. SHNJF is still rather unknown stateside. Take advantage of arbitrage opportunities by starting your research today on SHNJF
The Boston Beer Company Inc. (NYSE:SAM): This is the first company that investors could consider putting into their watch lists at this point. The beverage company, which is of a consumer facing variant, is well known as it produces and sells alcohol beverages primarily in the United States..
The reopening of bars and restaurants last summer gave the trendy summer backyard party staple new competition. Retailers and distributors were caught with excess inventories of White Claw, Truly, and other hard seltzer brands they couldn’t sell.
SAM stock closed higher by 4.30% to $443.23 in the previous session with more than 260K shares traded, compared to its average volume of 263K.
Ambev (NASDAQ:RRR): The next one to look into at this point could well be the beer manufacturing giant Red Rock Resorts. RRR reported fourth-quarter 2021 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Notably, the metrics surpassed the consensus estimate for the seventh straight quarter. The top and the bottom line increased on a year-over-year basis. Following the solid results, shares of the company moved up 8.4% during the after-hours trading session on Feb 2.
RCI Hospitality Holdings Inc. (NASDAQ:RICK) is all set to report its first quarter results on Wednesday, February 9. The company plans to hold a related conference call at 4:30 PM ET. Afterward, investors can meet management at Rick’s Cabaret New York, Manhattan’s No. 1 gentlemen’s club, at 6:00 PM ET.
SAM stock closed higher by 4.30% to $75.39 in the previous session with more than 75k shares traded, compared to its average volume of 62.9k.
MGM Resorts International (NASDAQ:MGM) stock has been gaining momentum over the past week after the recent fall. The stock ended higher by 3.50% to $47.20 on Tuesday. The stock has soared 32% over the past year. MGM (MGM) reports Q4 earnings after market close on Feb. 9.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau.
Penn National Gaming Inc. (NASDAQ:PENN) stock has been gaining momentum over the past week after the recent fall. The stock ended higher by 2.78% to $48.11 on Tuesday. To bolster its sports betting portfolio, Penn has partnered with Barstool Sports to launch its online sports betting app in several states over the last year. Penn has launched Barstool in Indiana, Pennsylvania, Michigan, Illinois, Colorado, Virginia, New Jersey and Arizona.
