+ Watch IGT
on My Watchlist
The Company designs, manufactures and markets computerized gaming equipment, systems and services.
For reference point and to allow for comments by others. As of the end of March, 2013.ROE 20.38%Trailing PE 17.65PB 3.82Div yield 1.80%
Basic busness model is growing quickly. Financial market has no understanding of IGT future market outside the U.S.A. IGT potential has not been understood by the financial community. Today!
Eventually the casino business will recover and when it does the casinos are going to need new slot machines which will benefit IGT.
casinos are expanding worldwide not just the usa and if this companies name is what it is international then they should make money Im in taiwan and hopefully within 1-2 years they will be opening there first legal casino resort in Taiwan on matsu island its being contracted by the same company that built the macau casino resort in china maybe this company with get some business from this upcoming casino in Taiwan that will target Taiwanese and mainland chinese since its a short 40 minute boat ride from china's mainland
People love to gamble. This is a play on the economy recovering and more demand for casino services and products.
I still like it long term considering the growth.Sucks if you placed your money in it after the crash, but could be an outperformer long term. I see other stocks in other sectors that *may* potentially fall in this catagory as well.Clarification: May underperform the market one year/may blow away the market the next couple.
Thesis here is that casinos are making the change from ticket-in/ticket-out slot machines. IGT is a best-of breed company at the leading edge of a replacement cycle.
Gaming equiptment and systems continue to evolve which means replacement of machines and systems.That pus international markets are expanding and need IGT products.
Original pitch from "11 O'Clock Stock" series. http://www.fool.com/investing/general/2010/10/01/todays-buy-opportunity-international-game-technolo.aspxTo see more about the series, watch this video from co-founder Tom Gardner:http://www.fool.com/investing/general/2010/07/22/introducing-11-oclock-stock.aspx
Lots of slot jockeys out there!
very low price-gambling will be legal in more and more states as taxes are needed
plz. you ever gamble? no you dont? not even a lotto ticket? lol of course you do every one dose, this pick is a real life pick, just thru 5k at it at a price of 17 a share. Im gamebling, but its like playing poker, some luck and some skill can go a long way!
Most sophisticated products with the best graphics. No one comes close to the technology embodied in IGT products.
Unfavorable valuation measures and chart.
this company is not innovative. Their business plan is to let others innovate, then they buy them. It is where great ideas/workers go to die. They are a behemoth dinosaur who cannot lead......that type of company model will go the way of G.M. eventually. And their Dividend is really sad.
a goood stock
a good gaming stock
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