Getting Lucky
SGMS (SCIENTIFIC GAMES CORP )
"It's time to pay homage to Catalonia - to George Orwell's personal account to the Spanish Civil War.
Spain and Germany - what makes them to be talked about in Cramerica -
they're the latest international governments to decide to totally stick
it to their constituents.
These places have decided, in keeping with the finest European
tradition, to rip off the suckers they're supposed to be looking out
for.
These places have hired Scientific Games (SGMS) to run their instant lottery business.
Yeah, these instant lottery games are just pathological predators of
the poor; they're a great substitute for taxing the rich.
Lotteries? I call them the reverse robin hood. They're
universally seen as the best way for state and local govt's to close
those nasty budget deficits by bamboozling the lowest of the whole
common wheel.
Mad Money has only one moral position; Cramer wants to make you
money! That's why I think you should own SGMS, because they
are just the best there is, the best of breed at running these rip off
lotteries. SGMS is just the best weapon there ever was to wage
some serious class warfare.
There's another reason to get behind this one. When SNDK was
plucked out of the Mid-Cap 400, to go over to the S&P 500, that
freed up a space in the Mid-Cap. The guys who run it pick
SGMS as the next member.
Forget SGMS. The gaming I like to play is the gaming of the
S&P Mid-Cap 400. Remember, when a stock gets added to the
Mid-Cap 400, it gets a sustained long-term increase.
The bottom line!: SGMS is going to the Mid-Cap 400. That means you should go to SGMS!"