With Scientific Games large size, the recent CEO change was likely the right choice and investors should buy on current weakness.
Billionaire Ron Perelman, a 40% shareholder of SGMS, late last year bought shares at $8 so that price may serve as a floor of its current weakness.
With the rise and spread of legalized gambling worldwide, there are many positive upcoming catalysts for Scientific Games.
Scientific Games technology is thriving in the hot online gaming market and in person gaming.
The current global economic boom is good for the gaming industry.
Read the full report on Seeking Alpha here.