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Last week, we held our bi-annual Best Ideas call for institutional clients. The call focuses on our best actionable ideas from each sector head and today, we’re pleased to bring you Gaming, Leisure and Lodging Sector Head Todd Jordan’s idea: International Game Technology (IGT). After being negative on IGT for years, Jordan is now bullish on the stock due to improving EPS growth, a low P/E ratio of 11x and the company’s ability to grow market share through quality content. 

Another positive for IGT is that it has accelerating cash flow; returning cash to shareholders is now a priority and increases the possibility for stock buybacks. Jordan is long on the immediate-term TRADE (3 days) duration and the intermediate-term TREND duration (3 months).

Watch the video we’ve posted for Jordan’s full rundown on IGT. You’ll easily see why it’s one of our best ideas.