Simple Qualitative
Long/short equity, healthcare, growth

International Speedway Corporation: A Tough Call

In this article I would like to take a look at a company that owns a number of largest, most recognizable racetracks in the world including Daytona. The company, International Speedway Corporation (NASDAQ:ISCA), or ISC, which up until this point has received very little coverage from the financial news community. If you not yet familiar with the brand the company owns and operates 13 major motorsports facilities that house over 900,000 grandstand seats within 6 of the top 13 media markets. I thought with the popularity of NASCAR there would be strong investor interest from the fans of the sport alone. Maybe there is, shares are up more than 20% this year as the company's valuations have expanded...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details