Betting Small to Win Big
I continue to like the gaming sector in this market environment. Specifically, I like the small operators with a presence in solid economies. Their stocks tend to be underfollowed and cheap. In addition, they should benefit from falling gas prices as a high proportion of their customers drive to their destinations and have no exposure to the weaker economies of Europe. Finally, I believe they will be part of increasing M&A activity as rollup targets of either bigger operators or private equity firms that are looking for acquisitions with solid cash flow and reliable revenue streams. Here are two small stocks in the space that I like right now.
Century Casinos (CNTY) owns and operates eight casinos in Canada, Poland and the U.S. It also operates 12 ship-based casinos on four cruise lines....247 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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