From the Forbes article on ETF's and Mutual funds:
"One of my favorite stocks held by BSCVX is International Game Technology (IGT). Over the past three years, IGT has increased its ROIC from 7% to 10% and widened its NOPAT margin from 13% to 18%. The casino gaming developer recently announced a deal to supply Caesars Entertainment Corp (CZR) with 7,000 video poker terminals. Despite these positive signs, IGT has a surprisingly cheap valuation. Third quarter results that missed analyst expectations sent the stock plunging 10% last week, which makes the stock an even more enticing value for investors. At its current stock price of ~$17/share, IGT has a price to economic book value ration of only 1.2, which implies that the company will not grow NOPAT by more than 20% for the remainder of its corporate life. Given IGT’s expanding margins and the expected growth in the casino gaming industry, IGT should exceed these modest expectations."
He makes a compelling argument to by IGT at these levels.