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The Future Of Legalized Sports Betting - Today's Editors' Picks

By SA Editors' Picks :

If you don't already know, our Editors' Picks represent what our editorial staff believes to be interesting and thorough analysis. We are grateful to hear your opinions about how we can improve this offering in the comment section below.

Our contributors keep their ears to the ground and their eyes on the screen looking for profitable opportunities in the marketplace. Today, contributors Goldmoney , Hyundai Motor Investment & Securities , Amit Ghate , Yuval Taylor , Investment Works , Todd Akin , Stephen Simpson, CFA , Belgian And Bullish , and Vince Martin bring us some of the best ideas. Let us know which is your favorite in the comment section below.

Here are today's Editors' Picks:

Long Ideas:

Short Ideas:

General Outlook:

Chart of the day:The 10 year

by contributor

Comment of the day, Investment Works

Current FCF is enough to maintain the dividend, but not to maintain the dividend AND buyback shares in any meaningful amount.We are calling for an aggressive share buyback program because we believe that the stock is significantly undervalued. With dividend payments, you get $1 - income tax for each dollar of cash. With share repurchases, you would be getting more than $1 in value for each dollar of cash (because the stock would be bought at prices below intrinsic value).There is nothing wrong with dividends per se (other than avoidable tax payments). The purpose of reducing/suspending the dividend would be to devote as much FCF as possible share repurchases at a price at which they generate shareholder value.If you require 7% yield income for personal reasons, then simply sell 7% of your stock position every year. Because the company will be generating shareholder value through stock repurchases, the stock price will appreciate over time, and you will end up better off than with your current 7% dividend yield.

Image of the day:Blade Runner 2049

Fun Fact Of The Day:

People with O negative blood are universal red blood cell donors. This means that their red blood cells can be transfused to any blood type. AB positive donors are the

Thanks for reading. Please share your 'Editor's Pick' with fellow investors by posting it in the comments.

Have a great day!

Jason

See also Whitestone REIT Proxy Vote Could Unlock 25% Upside on seekingalpha.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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