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Takeaway: We are adding Penn National Gaming (PENN) to Investing Ideas today.

Please note that we are adding PENN (Penn National Gaming) to Investing Ideas today. Below is a brief note from CEO Keith McCullough. Our Gaming, Lodging & Leisure team will provide an additional update in this weekend's edition.

PENN: Adding Penn National Gaming to Investing Ideas - z pen

In the spirit (read: #process) of buying on red days (and selling on green ones), I'm scanning my inventory of names our analysts like on the long side that are:

A) down more than the market and

B) down on light post long-weekend volume.

Penn Gaming is at the top of that list. Our analyst Todd Jordan is very constructive on the stock ahead of their new casino in Massachusetts.

KM