Q: I am thinking of entering into a position in Boyd. Thoughts on this as an entry point
and how does it compare with the prospects of the industry as a whole?
and how does it compare with the prospects of the industry as a whole?
5i Research Answer:
We think BYD looks really good at $235, and decent at $236 to $240. Its same store sales growth of ~19% is well above most in the industry, though the industry remains fragmented and there are not a lot of companies reporting their numbers.