-
Posted by
Two Blokes Jul 15 -
Filed in
Stock
-
2 views
I am upgrading Rush Street Interactive to a buy as the company is starting to show consistent positive net income and margin gains. RSI's high user retention grants it an operational leverage to grow revenues while investing less in customer acquisition and other operational expenses. The entire iGaming sector is witnessing high momentum, and RSI stands a higher chance of benefiting from this momentum as it maintains an unleveraged balance sheet.