Is International Game Technology (IGT) Stock “Undervalued with a Catalyst”?

Silver Ring Value Partners, an investment management company, released its second-quarter 2024 investor letter. A copy of the same can be downloaded here. The strategy returned -16% (net) in the last 12 months compared to a 23.1% return for the Russell 3000 Index and 20.8% for the MSCI World Index during the same period. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Silver Ring Value Partners highlighted stocks like International Game Technology PLC...