Behind every action is a company and behind every company is a story. When it comes to looking for underrated gems, it’s worth finding a story that others don’t talk about.
In this week’s video, portfolio managers Gareth Brown and Harvey Migotti discuss two of the most potential small businesses in the International Forager Equity Fund.
One of these is NeoGames, a company that provides online lottery solutions in four states in the United States and Alberta in Canada. The first of these American states, Michigan, was only small, but it has been very profitable for NeoGames and is a staff for the rest of the country. With 38 states still to offer their lotteries offline via the Internet, the growth trail is long.
Gareth and Harvey are also expanding their UK used car dealership Motorpoint. A business that not only demonstrated its resilience during Covid, but managed to grow its footprint. Look now for more information on what new strategic initiatives are on the horizon of this stock.
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