PENN Entertainment Inc. is listed as one of the 10 Best High Short Interest Stocks.

From Yahoo Finance: 2025-04-17 23:15:00

In a recent article, Insider Monkey listed the 10 Best High Short Interest Stocks to Buy Now, with PENN Entertainment Inc. (NASDAQ:PENN) among them. BofA Securities’ Aditya Bhave discussed the inflationary impact of tariffs on CNBC, noting they can lead to stagflation. He highlighted Fed Chair Jerome Powell’s focus on price stability and the potential disinflationary effects of tariffs. Hedge funds show interest in high short interest stocks, aiming to outperform the market. PENN ranks 9th on the list due to its growth potential and focus on digital expansion, especially in the interactive segment. The company aims to achieve profitability by Q4 2025, leveraging its iCasino and sports betting platforms. The omnichannel strategy targets database growth and attracting a younger demographic. Despite PENN’s potential, AI stocks are seen as promising for high returns within a shorter timeframe, with a particular focus on a highly valued AI stock trading at less than 5 times its earnings.



Read more at Yahoo Finance: Is PENN Entertainment Inc. (NASDAQ:PENN) the Best High Short Interest Stock to Buy Now?