Should I Buy Boyd Gaming (BYD)? Finance YouTuber Analysis

The YouTuber recommends Boyd Gaming, noting that the casino industry has transitioned from heavy investment to a free cash flow generation model. He points to Boyd Gaming's rising revenue and free cash flow, with a P/E of 9.6 (8.7 forward), as a steady regional casino operator that can reinvest, buy back stock, or pay dividends.

“Boyd Gaming I think is the kind of steady company in the regional casino business that's just going to keep generating cash flow year after year after year.”

The analyst views Boyd Gaming as a 'cash machine' with over $700 million in free cash flow on a $6.4 billion market cap. He notes the casino business's high-margin nature after initial build-out and the current strong demand for entertainment and gambling, coupled with limited new supply in the market, creating a favorable environment for existing operators.

“I think that's a great position for any business to be in and will really help void gaming so maybe not the most exciting business maybe not a great growth business but just a great cash flow business.”