Positive data flow and M&A activity should keep gaming stocks in play
Positive data flow and M&A activity should keep gaming stocks in play. BUY AGI (Ainsworth Game Technology) - We added AGI to the best picks after March pullback below $3.70 with market despite a very credible result. Given continued positive data flow from US, we should get the market paying attention to this double digit gaming growth story. We expect AGI to bounce back above $5. M&A in the sector will keep the stock in play despite missing earning expectations in the result.
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