Barron’s Weekend Summary: cover story on casino industry
* Cover story: Casino industry is rebounding amid the reopening and a surge in leisure travelers. But Las Vegas casinos still have some hurdles ahead of them, including labor shortages and the slower recovery in corporate travel. (MGM, WYNN, LVS)
* Tech Trader: Cautious on ZM. Zoom has had an incredible last four quarters as one of the most obvious work from home plays. But as the pandemic wanes growth will likely slow, and now Zoom needs a 'second act' to leverage its vastly expanded user base.
* Features: 1) Positive on PTC; Barrons sees more upside as the company seeks to dominate the Internet of Things. 2) Positive on EAT: the casual-dining company appears to be a buying opportunity, with the stock lagging other hospitality names in the recovery.
* European Trader: BP's pivot to renewable energy has big potential and sizable risks. A stock buyback could help lift shares over the next 12 months and the short term bullish story will be helped by rising oil prices.
* Banks: positive on PNFC, PNC, ABTX, banks that operate in regions with booming growth.