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The best stocks to buy since 1993

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XLMedia

June 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • XLM
  • Price:
  • 8.8p
Buoyed by New York legalising sports wagering in H1 last year, this year’s H1 was  always going to look optically weak by comparison. But even so it is reassuring to see XLM say that the US sports betting side saw a strong start to Q1 with the launch of online sports betting in Ohio, although the other state to regulate in mid-March, Massachusetts, only did so after the NFL season ended. XLM said it expects the run up to the new NFL season to bolster H2. Separately, XLM has now sold its personal finance business for US$1.3m, which had been classified as discontinued last year. XLM points out that its ongoing business is now 17 replatformed branded sites in sports media, sports betting and gaming at a time when 23 states are pushin ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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