Investing for the Kentucky Derby

Horse racing is an exciting event. Large sums of money can be won or lost by mere inches, though the allure doesn't stop at the track.

This weekend, one of America's most cherished traditions will be held: the running of the 137th Kentucky Derby.

Big news surrounding the event is that Uncle Mo, the favored filly, is not in the race. Some sad faces are sure to follow.

The loss, of course, presents an opportunity for others to win. But investors can win big too; the following stocks may see some upside following the race weekend:

• Churchill Downs Inc. (Nasdaq: CHDN), which is holding the race. Shares are up 0.8 percent already;
  
  
• Comcast Corporation (Nasdaq: CMCSA), NBC is broadcasting the event;
  
  
• Yum! Brands, Inc. (NYSE: YUM), a main sponsor of the event. Humana (NYSE: HUM) and Budweiser (NYSE: BUD) are also sponsoring the event; and
  
  
• Fortune Brands Inc. (NYSE: FO), which makes Jim Beam, a potential key ingredient of a Mint Julep, is the official drink of the Derby.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Boeing delivered 64 planes in June
• Kongsberg and Oceaneering chosen for U.S. Navy XLUUV program
• Attovia Therapeutics files for IPO on Nasdaq