Recommendation + Top Pickhttps://www.bnnbloomberg.ca/video/peter-hodson-discusses-the-stars-group~1540769
BUY
The Stars Group Inc(TSGI-T)
November 15, 2018
They went from $3 to $21 in 8 years but did nothing recently. They bought a sports betting company just months before it was legal in the US. They have a huge cash flow and can pay down debt. It is an extremely cheap stock. They have done nothing wrong. Yet investors can't deal with them reducing their guidance. It is the same company as when it was $38.
Peter Hodson
CEO & Head, 5i Research Inc....
Price $22.660
Owned Unknown
https://www.bnnbloomberg.ca/video/andrew-pyle-s-top-picks~1541309
STARS GROUP (TSGI.TO 1.37%)
The Star Group’s decline from the summer high of above $50 looks overdone. The company has now completed its deal to be the biggest online game company in the U.K. International expansion looks positive and I expect to see the estimated 10 per cent annualized growth in online gaming to factor into a stronger earnings growth. The adoption of AR technology will fuel this growth as well. I have a conservative one-year target of $30, but this stock is definitely higher risk.
TOP PICK
The Stars Group Inc(TSGI-T)
November 15, 2018
Its valuation is very good after a correction. They've been on a buying spree in Australia and the UK in online gaming. Expect a 10% compound growth rate over 5 years. Positioned to get into the AR sector of this industry. Caveat: expect volatility. (Analysts’ price target is $40.68)
Andrew Pyle
Senior wea, The Pyle Group, Scot...
Price $22.660
Owned Yes