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Buy Games Workshop's growth wizardry

The group has expanded rapidly, and management is betting it can continue
May 16, 2019

Games Workshop’s (GAW) business depends on its ability to create and populate a world of rich fantasy. However, look beneath the group’s colourful creations, and you’ll find a company firmly rooted in reality.

IC TIP: Buy at 4,032p
Tip style
Growth
Risk rating
Medium
Timescale
Long Term
Bull points

Repeated earnings upgrades
Margins strengthening
Rapid growth
Generous dividend

Bear points

Investments affecting cash generation
High valuation

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