Jim Cramer Looked at 17 Stocks, Including Microsoft, CrowdStrike, and Salesforce

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8. Super Group (SGHC) Limited (NYSE:SGHC)

Super Group (SGHC) Limited (NYSE:SGHC) was among the stocks Jim Cramer looked at as he discussed the recent bounce in software stocks. Cramer highlighted the company after mentioning the woes of the industry, as he stated:

Over the past several months, the online gambling stocks, they’ve been clobbered. DraftKings down 54%, Flutter down 66%. They’re besieged by the leading prediction market plays, Kalshi and Polymarket, which have found ways to get into something akin to sports betting without all the regulation. But before you give up on the entire industry, maybe you should take a look at Super Group, which owns Betway for online sports betting and Spin for online casino gaming. This thing came public via a SPAC merger that was closed roughly four years ago and the stock struggled to find its footing initially. Then, in mid 2024, Super Group decided to throw in the towel in the US market, focus on the rest of the world. That’s one reason the stock has more than tripled over the last two years. The other reason being that they keep putting up strong numbers… I know the stock is up huge from when it first came on… up 54% but it’s still pretty darn cheap.

Super Group (SGHC) Limited (NYSE:SGHC) operates global online sports betting and gaming services through its Betway sportsbook and casino platform, as well as its Spin multi-brand online casino business.

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