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Shuffle Master, Inc. (SHFL) [hlAlert]

Rating:
Buy SHFL
up 183.15 %

Shuffle Master, Inc. (SHFL) upgraded to Buy with price target $12 by Morgan Joseph

Posted on: Wednesday,  Jun 30, 2010  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Shuffle Master, Inc. (NASDAQ: SHFL) on 06/30/2010, when the stock price was $8.19. Since
then, Shuffle Master, Inc. has gained 183.15% as of 11/22/2014's recent price of $23.19.
If you would have followed this Morgan Joseph's recommendation on SHFL, you would have gained 183.15% of your investment in 1606 days.

Shuffle Master, Inc. develops, manufactures and markets automatic card shuffling equipment, and gaming products such as table games and slot machine game software for the gaming industry. Additionally, the company distributes casino chip sorting machines and accessories. The company's growth strategy is to develop or acquire innovative gaming products and systems, including productivity enhancing equipment, new table and slot games, and game processing hardware and software technology, and market these products worldwide.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/30/2010 8:25 AM Buy
None
8.19 12.00
as of 12/31/2010
1 Week down  -8.76 %
1 Month down  -2.98 %
3 Months up  23.78 %
1 YTD up  27.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/9/2007 9:25 AM Hold
None
11.49
10/17/2007 9:25 AM Sell
None
14.61 12.00

(*) Stock Price at the time of the recommendation.
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