One area of the market which is home to a number of quality options for investors is the mid cap space.
But with so many to choose from, which ones should you consider buying? Two to consider are as follows:
Jumbo Interactive is an online lottery ticket seller. Although it is best-known as the operator of the Oz Lotteries website, there’s a lot more to it.
The company also has its software as a service (SaaS) business – Powered by Jumbo.
This part of the business allows lottery operators to take their lotteries online without having to invest in a development team and build a website.
Management estimates that the business has a US$303 billion global total addressable market. And pleasingly, with just ~7% of this market online…