12 Best S&P 500 Stocks With Huge Upside Potential

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1. Caesars Entertainment (NASDAQ:CZR)

Number of Hedge Fund Holders: 63

Average Upside Potential as of June 24: 51.98%

Caesars Entertainment (NASDAQ:CZR) is one of the best S&P 500 stocks with huge upside potential. On June 24, Caesars Palace Times Square, which is a collaborative bid from SL Green, Caesars Entertainment, and Roc Nation, announced a $5 million commitment to support Callen-Lorde Community Health Center.

The pledge is contingent upon the acquisition of 1 of 3 downstate gaming licenses for their proposed gaming and entertainment destination at 1515 Broadway in Times Square.The $5 million commitment is divided into two parts: $2 million will support Callen-Lorde’s existing services in Chelsea, and $3 million is designated for a new Callen-Lorde Center for Excellence in Sexual Health in Hell’s Kitchen.

The new 20,000-square-foot facility aims to expand access to rapid, high-quality HIV and STI care and address New York City’s surge in sexually transmitted infections, which have reached 30-year highs. This increase is partly explained by expanded testing post-COVID, but it also highlights the persistent gaps in timely diagnosis and treatment among LGBTQ+ New Yorkers and BIPOC communities.

Caesars Entertainment (NASDAQ:CZR) is a gaming and hospitality company that owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals, e-tables, hotel rooms, as well as table games.

While we acknowledge the potential of CZR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CZR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

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