At the $46 level on May 4, 2023, RRR is within striking distance the late 2022 high. RRR shares moved over twenty-one times higher. The chart highlights the incredible rise from the mid-March 2020 $2.76 low to the most recent $58.74 record high in late October 2021. RRR shares were a steal when the pandemic gripped the stock market and sent Las Vegas casino stocks to lows. An explosive move since the March 2020 low At above the $46 level on May 4, 2023, I expect higher highs to continue as RRR has made all the right moves over the past years. In April 2021, the stock rose above the 2018 record peak, rising to $58.74 in October 2021. I expect the stock will reach and exceed that level in 2021.' The all-time high in the shares was in July 2018 at $36.99. In that piece, I wrote, ' I am still bullish.' I wrote, ' The trend in RRR shares remains bullish at the beginning of 2021. 10, 2021, in a Seeking Alpha article on RRR, I highlighted the stock's price rise from $16.79 on August 24, 2020, to $25.33 per share. Red Rock Resorts ( NASDAQ: RRR) was formerly known as Stations Casinos, which had the marketing motto ' We love locals.' Over the past two years, investors' motto has been We Love RRR as the stock has soared from the March 2020 low.

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Casino marketing red rock resort