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Ameristar: A Better Bet

Stock quotes in this article: ASCA , WYNN , BYD , MGM , LVS  

NEW YORK (TheStreet) -- Analysts are upping their bet on Ameristar Casino(ASCA Quote).

Janney Capital Markets analyst Brian McGill upgraded the casino operator to buy from neutral, citing lower capital spending and probable market share gain from its Black Hawk casino property in Colorado.

Mad About Options: A look at Cramer's take on WYNN Resorts (WYNN)

Ameristar also does not have any future capital projects, which means free cash flow will probably be strong in 2010 and 2011. McGill expects this extra cash will be used to pay down debt. ...

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