Churchill Downs Incorporated is the owner of the track where the famed namesake race is run —and some analysts say its stock has plenty of upside right now

It's Derby Day in Louisville! Put on your best seersucker suit, grab your fanciest hat and pour yourself a mint julep, we've got some races to watch (and wager on). The action gets started from Churchill Downs at 10 a.

The favorite, Journalism, is a popular choice after winning the Santa Anita Derby, and he is widely viewed as the best horse in the race. But the last four editions of the Kentucky Derby all saw a longshot win, including Mystik Dan at 18-to-1 in 2024.