We know it’s been a tough market environment, and we’d like to thank you for sticking around while we wipe the grime of the first half of 2022 off our chins. Out of 2021 came 8 multibaggers, some eclipsing 200% in gains. However, as you know, holding onto those games in 2022 has been challenging. The current environment underscores a few themes: *Nothing lasts forever, *When times change, it’s necessary to potentially change or massage strategies to accommodate the new environment, *Money can be made in any market condition, *Portfolio management is needed to lock in gains and add shared to quality stocks around volatility. So, as bad as it’s been for some of the legacy stocks that have been in GeoInvesting’s coverage universe since 2007, we have quietly tweaked our strategy for the new 2022 value investing theme to identify qualifying stocks in our universe, as well as new stocks to highlight. 

Searching for companies that will either solve or alleviate pressure points are great places to hunt for winning stocks in this type of environment. You can explore another interesting angle by seeking out companies that can help other companies save money. By receiving help, they can compete more efficiently by reducing costs to deliver their products and services. 

And after taking a deep dive into GeoInvesting’s stock coverage universe spanning 15 years,  We have found 5 stocks operating in diverse industries that fit the bill. But what’s even better about these five stocks is that they should do well whether we enter a recession or not. They’re great companies with sound business plans designed to create an immense amount of shareholder value for their investors.

While we won’t go into the various reasons why these casinos failed, we can say that we believe we’ve found a small anomaly of a company that is at least ripe for analysis. It’s in a profitable microcap company which engages in horse racing, card casino, food and beverage, and real estate development. It is domiciled in Shakopee, Minnesota and was founded in 1994. Our goal here is to figure out if we can justify looking at a casino stock, especially if we are going into hard economic times. On the surface, we like the way a potential bullish thesis could play out based on the company’s clean balance sheet and untapped revenue potential of its casino.