From the Fool:
GameTech International, a Nevada-based maker of electronic bingo systems, is another stock in the long tail that piques the interest of our CAPS players. The company primarily targets the thousands of bingo halls in North America, so, like National Research, I'd say this is largely another play on the aging demographic.
As a grandson who spends a lot (too much) of his time picking up and dropping off two fanatics at the local bingo hall, I can attest to just how crowded these places can get. Over the last two years, the stock has risen more than 200%, driven by substantial growth in operating income.
Throw in a PEG of 0.84, EV/EBITDA of 7.3, and the fact that chairman Richard Fedor owns nearly a quarter of the shares outstanding, and you've got a bingo card with some potential. On top of all that, two of Wall Street's best -- Roth Capital and Merriman Curhan Ford -- currently have outperform calls on GameTech.