Monarch Casino & Resort, Inc. (MCRI): A Bull Case Theory

We came across a bullish thesis on Monarch Casino & Resort, Inc. on FluentInQuality’s Substack. In this article, we will summarize the bulls’ thesis on MCRI. Monarch Casino & Resort, Inc.'s share was trading at $91.99 as of January 13th. MCRI’s trailing and forward P/E were 21.05 and 15.41 respectively according to Yahoo Finance. Monarch Casino & Resort, Inc. (MCRI) operates two destination properties — Atlantis Casino Resort Spa in Reno and Monarch Casino Resort Spa in Black Hawk near Denver — centered  ...