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Top Consumer Stocks

WMT +1.62%

MCD +0.33%

DIS +0.15%

CVS +5.33%

KO +0.75%

Consumer stocks continue to post strong gains on Monday, with shares of consumer staples companies in the S&P 500 racing up almost 1.4% this afternoon while shares of consumer discretionary firms in the S&P 500 were climbing nearly 1.1%.

Among consumer stocks moving on news:

+ Eldorado Resorts Inc. ( ERI ) Monday jumped out to its best share price since May 2000, rising almost 21% to $43.15 a share, after the company said it is expecting a series of announced deals will immediately add to its free cash flow and per-share earnings. In one acquisition, Eldorado said it was buying the Grand Victoria Casino in Elgin, Ill., from MGM Resorts ( MGM ) and its venture partner for $327.5 million in cash. It also is acquiring Tropicana Entertainment from majority owner Icahn Enterprises ( IEP ) for $1.85 billion in cash and will then selling the Tropicana real estate to Gaming and Leisure Properties ( GLPI ) for $1.21 billion and also signing a master lease agreement with Gaming and Leisure to operate the gaming and hotel operations at the Tropicana. Both acquistions are expected to close before the end of the year.

In other sector news:

- Domino's Pizza ( DPZ ) rose almost 2% on Monday, climbing to within 1% of its 52-week high of $236.93, after the pizza chain launched 150,000 delivery "hotspots" nationwide to widen access to its food products. Domino's Pizza sold $12.2 billion in products globally during 2017, split between $5.9 billion in the United States and over $6.3 billion internationally and with more than half of those total retail sales coming through digital channels.

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