Churchill Downs Incorporated (NASDAQ:CHDN) announced the betting results of the 151st running of the Kentucky Derby on May 3. Sovereignty, owned and bred by Godolphin, LLC, trained by William Mott, and ridden by Junior Alvarado,

While The Kentucky Derby weather might be hard to predict this week, you don't need a crystal ball to tell you that cell phone service might be shoddy on the infield or grandstand at Churchill Downs.

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