6/1/12: Shuffle Master (SHFL) Earnings Play

Shuffle Master (SHFL) manufactures utility and entertainment products for casinos including shufflers and proprietary table games. Earnings are expected to increase 35% this year and another 17% next year, as more and more states look to legalize gambling and allow their residents to play online poker. We feel this stock is a great long term investment, but would prefer to see an entry level around the $13 range. However, on Monday after the close, SHFL will announce their earnings and we feel the options are offering a great way to get long this name into that report. Listen to video and see what you think.

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