Opportunity Shines at Ameristar

Even when the broader market is a shambles, there are good stocks out there. Take Ameristar Casinos (ASCA Quote), for instance.

Unlike its struggling peers, Ameristar continues to report record earnings. In part, that's because Ameristar is smaller than its giant rivals; with the stock around $24, the company has a market cap of around $630 million.

But it's also worth noting that Ameristar is well-placed in fast-growing markets, and that the company keeps spending to improve its properties. Combined with the market opportunities just now opening up before the company, it's that devotion to investment that makes this a story to watch. ...