Monarch Casino & Resort, Inc. (NASDAQ:MCRI) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller asked about the stock during the lightning round, Cramer said:
You know something… I do not know that casino. I have cooled on many of the casino stocks. I think I should check out Monarch. I am going to go to Ben Stoto after this, research director, and we’re going to figure out why this stock has had just such an amazing run because, boy, I need a new name after Wynn, really not working out anymore.
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Monarch Casino & Resort, Inc. owns and operates hotel and casino properties in addition to dining venues, including fine dining steakhouses, international kitchens, and casual eateries.
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