“A Super Simple Short Thesis” Targets Super Group (SGHC) Limited (SGHC) Shares

Super Group (SGHC) Limited (NYSE:SGHC) is among the best money-making stocks to buy right now. On February 12, TheFly reported that Spruce Point Capital Management published a report titled “A Super Simple Short Thesis”, which highlights why the firm forecasts Super Group (SGHC) Limited (NYSE:SGHC)’s shares to face a potential long-term downside of 20% to 50%. This indicates a substantial risk of performing poorly compared to the market.

Previously, on January 22, Benchmark reaffirmed its Buy rating and a price target of $17. This guidance, which suggests an upside potential of approximately 90%, is driven by robust casino performance and reaffirmed FY2025 outlook. Super Group (SGHC) Limited (NYSE:SGHC) anticipates FY25 revenue of $2.17 billion to $2.27 billion, with AEBITDA guidance of $555 million to $565 million.

What’s even more interesting is that Super Group (SGHC) Limited (NYSE:SGHC) announced a $0.25 special cash dividend, which the firm attributes to the company’s solid balance sheet and cash-generating capabilities. According to the firm, the company’s monthly active customers and customer deposits peak demonstrate sustained underlying demand strength.

Super Group (SGHC) Limited (NYSE:SGHC) is a Guernsey-based online sports betting and gaming operator. With a presence across Africa, the Middle East, the Asia-Pacific, Europe, North America, and South/Latin America, the company offers online sports betting and casino, as well as a multi-brand online casino.

While we acknowledge the potential of SGHC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SGHC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.