VICI Properties Inc. (VICI): A Bull Case Theory

We came across a bullish thesis on VICI Properties Inc. on The Financial Pen’s Substack. In this article, we will summarize the bulls’ thesis on VICI. VICI Properties Inc.'s share was trading at $33.11 as of August 1^st. VICI’s trailing and forward P/E were 12.69 and 11.78, respectively according to Yahoo Finance.

[caption id="attachment_1199585" align="aligncenter" width="768"] A business executive in a sharp suit shaking hands on a real estate deal.[/caption]

VICI Properties (VICI) represents a classic mispricing in today’s market, trading around $32 per share despite...