The Panic-Proof Portfolio (Stockchase Research) Bowlero BOWL-N PAST TOP PICK Oct 29, 2024

(A Top Pick Sep 03/24, Up 6.2%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BOWL is progressing well. To remain disciplined, we recommend trailing up the stop (from $8.50) to $9.50 at this time.

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A rare SPAC that he likes. They raised a lot of money to gradually consolidate the very fragmented bowling business. Shares are up 14% this year already.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly

BOWL operates over 350 lane bowling locations. Quarterly earnings will be released next week and analysts expect a 14% increase in revenues. It trades at 19x earnings and supports a robust 70% ROE. We recommend setting a stop-loss at $8.50, looking to achieve $14.00 -- upside potential of 28%. Yield 0.5%

(Analysts’ price target is $17.83)

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