MF’s take on Stars The Stars Group Inc. (TSX:TSG)(NASDAQ:TSG) is a tech stock that is a worthy addition to any portfolio. Online gambling is still highly regulated and open only to selective markets still, and the proliferation of smartphones has the potential to put a casino into the hands of billions.
While there’s plenty to love about The Stars Group, perhaps the most compelling reasons are that the company is in the process of seeking regulatory approval into several new markets, and it continues to see impressive growth with each passing quarter.
To illustrate how big that potential is, in the most recent quarter, net earnings surpassed the same quarter last year by an incredible 213%. Revenues also topped US$305 million, also bettering the same quarter last year.
The Stars Group currently trades at just over $25.50 — up over 34% year to date.
https://www.fool.ca/2017/11/01/3-technology-stocks-to-put-your-portfolio-growth-in-gear/