FortuNet (fnet) Stock Research
Last Updated by WikiWealth | Update This Page Now
Generic strategies categorize companies by the scope and the strength of their business. FortuNet does not have a definable strategy, therefore, it risks losing out to firms that concentrate on one particular competitive advantage. (read more).
Company Description: FortuNet, Inc. is a designer and distributor of server-based gaming platforms for mobile bingo and casino games, including wireless and stationary player terminals, point-of-sale terminals, self-service kiosks, player analysis software, and downloadable casino games. The company primarily serves bingo hall operators in the casino and charitable bingo markets in the United States, Canada, the United Kingdom, and Australia. Update
Discretionary Industry Analysis: The consumer discretionary industry includes companies whose sales come from consumer discretionary income purchases. Discretionary income = gross income less taxes and necessities such as rent, mortgage and food. Discretionary Trading Strategy: The consumer discretionary industry tends to be very sensitive to economic cycles. Look for undervalued discretionary investments during economic recessions when stock prices are low and sell discretionary investments during the late stages of a bull markets when stock prices are high. The global economy is currently in a recession, therefore, it is the perfect time to purchase consumer discretionary investments. Upward sloping stock charts and financial news may indicate a selling opportunity while the opposite means that stocks are becoming undervalued.
Industry Sub Sector: .
Market Challenges: Opportunities: Solutions:
Strategy: Competitive Advantages:
Current Revenue Sources: Future Revenue Sources: