This week we are adding a gaming stock to our long term investment portfolio. The company sits squarely within the fast evolving world of mobile gambling and works with a battery of big brand clients, but strangely has been getting little love from investors recently.
Its clients include big names in the gambling world, including bet365, Betfair, Coral, Sky Bet, William Hill, Unibet and DraftKings. You might wonder whether it has a poor financial position but you'd be wrong there too. The financials are knocking it out of the park: the company has significant operational and financial momentum, did not miss a trick during lockdown, and has posted consistent year-on-year revenue growth.
Our main criticism, if we had one, is that they are probably not blowing their own trumpet loudly enough. This stock topped our screens in December and we're having problems finding reasons not to buy it.
Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.
Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.
Free 28 day trial. Cancel anytime.
Log In or Sign Up to Armchair Trader+
Already a member? Log in here:
Not a member yet? Sign up for your free trial or check out the benefits of membership.
Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.