International Game Technology (IGT) and Microsoft (NASDAQ:MSFT) in Recommended Momentum

International Game Technology PLC (NYSE:IGT) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 0.68% to 23.66 with around 1.11 Million shares have changed hands in this session. International Game Technology PLC (NYSE:IGT) reported that its subsidiary, IGT Global Solutions Corporation, has signed a product sale contract to provide 5,500 new lottery terminals and associated peripherals to Western Canada Lottery Corporation (WCLC). The contract follows a competitive procurement process. IGT, as legacy GTECH, has been providing lottery products and services to WCLC since 1982.”IGT is listening to the ever-changing needs of its consumers in order to continue to address the requirements of the lottery industry,” said Jay Gendron, IGT Senior Vice President, WLA North America Lottery. “This contract will offer innovative products for WCLC and its retailers and players alike, providing additional opportunities for WCLC to increase sales and enhance efficiency and productivity.”

Under the contract, IGT will provide WCLC with IGT’s Altura® GT1200 lottery terminal and the AccuTherm® Ultra printer. This will offer WCLC retailers a smaller footprint terminal, freeing up valuable counter space for other merchandise. Additionally, the AlturaGT1200 terminal has a larger screen with enhanced resolution improving the retailer experience and productivity. The AccuTherm Ultra printer offers a space-saving design, with easy-load and jam-preventing features, thus speeding up transactions as well as increasing reliability in busy retail locations. The stock is going forward its fifty-two week low with 56.05% and lagging behind from its 52-week high price with -25.65%.

Similar, the positive performance for the quarter recorded as -7.11% and for the year was 51.91%, while the YTD performance remained at -7.29%. IGT has Average True Range for 14 days of 0.72.

Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis] retains strong position in active trade, as shares scoring -0.34% to $64.71 in active trade session, while looking at the shares volume, around 19.56 Million shares have changed hands in this session. Microsoft (MSFT) is expected to begin finalizing the Windows 10 Creators Update this week ,We’re now just a few weeks away from the rollout of the Windows 10 Creators Update. Naturally, speculation is growing over Microsoft’s schedule for its release, and how things will come together before its planned launch in April.

Windows Central declared that Microsoft is expected to “begin its internal sign-off process” for the Creators Update this week. As part of that process, the company will move towards finalizing a release candidate build, which it will then distribute through the various Windows Insider rings starting next week, to assess its viability for general release. The firm has institutional ownership of 74.90%, while insider ownership included 2.30%. MSFT attains analyst recommendation of 2.10 with week’s performance of 0.68%. Investors looking further ahead will note that the Price to next year’s EPS is 9.38%.

 

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