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Video Game Stocks Set to Level Up Amid Major New Releases

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Mon, Mar 18, 2024 12:58 PM

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Grand Theft Auto leads the big names... here. Prefer to view this content on our website? ----

Grand Theft Auto leads the big names... [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, For one, according to analysts at Newzoo, the global gaming market could generate up to. $187.7 billion just this year. Two, highly anticipated titles have been released this year, including Final Fantasy 16, Spider-Man 2, Super Mario Bros. Wonder, as noted by GameIndustry.biz. Even more are expected to hit the shelves in 2024.  Plus, in the next year or two, one of the most hotly anticipated games – Grand Theft Auto VI – will be released. We also have to remember that with the holidays just weeks away, gaming stocks could race even higher. --------------------------------------------------------------- [Learn How Jack Harris Found Breakthrough In Trading By Using Dark Pool](Momentum stocks have rocketed past the S&P, posting returns of nearly 250% over the past decade. But today, as market growth slows and the "easy money" stops being so easy to grab…You need another way to bank those big, portfolio-changing returns stocks like TSLA and CROX. That's where Small-Cap Alpha comes in. Each month, members will receive 5 of the top small cap and a handful of resources designed to help you make the best trades possible. Get one step closer to seeing these big stock swings for yourself. [Don’t Miss Your Chance To Join Jack Harris, claim YOUR alerts + Free eBook today!]( --------------------------------------------------------------- That being said, investors may want to consider:  Take-Two Interactive (TTWO)  With TTWO, a good deal of excitement is on the way.  All as millions await its hotly-anticipated Grand Theft Auto VI—which could see billions in sales.  Helping, CEO Strauss Zelnick hinted at a possible release date for Grand Theft Auto VI. “We leave the announcement of upcoming titles to our labels and we have said we have a very robust pipeline of titles and we have a great outlook for fiscal 2025 where we’ve reiterated our belief that we’ll generate about $8 billion in net bookings,” he said, as quoted by HypeBeast.  The only game that can do those kinds of sales is Grand Theft Auto.  In fact, according to Raymond James, expect “big numbers.”  As noted by Seeking Alpha: The firm bumped its rating on the video game company to Outperform from Market Perform and assigned a price target of $170 as it sees a number of reasons to become “incrementally” more optimistic on the company’s path forward. Release information about Grand Theft Auto 6 should be out soon, which “should take away the most prominent point of uncertainty around the financial trajectory.” --------------------------------------------------------------- [5 Stocks to Buy if Trump is Elected President in 2024]( Big things are happening in politics, and it could mean big wins for your wallet. If Trump wins again in 2024, some companies will do really well. Our friends at Trading Tips have found 5 of these companies and put them in a free report for you: "5 Stocks to Buy if Trump is Elected President in 2024." [Click here to claim your free copy of this report.]( (By clicking this link you agree to receive emails from us and our affiliates. You can opt out at any time) --------------------------------------------------------------- Electronic Arts (EA)  Down, but not out, Electronic Arts (EA) could see higher highs, too.  With a good deal of demand, Bank of America just upgraded EA to a buy rating, with a $150 price target. For one, they noted the discount in the stock is unwarranted. Two, its FC 2024 release, according to the analysts, is just one of many near term catalysts.  Three, they also said, “the risk in the stock is skewed attractively as its relative valuation is near a five-year low and early statistics from the launch of FC 2024 suggest there could be upside to Wall Street estimates and guidance,” as also noted by Seeking Alpha. --------------------------------------------------------------- [New Picks: 5 Small Caps to Buy Today]( Momentum stocks have rocketed past the S&P, posting returns of nearly 250% over the past decade. But today, as market growth slows and the "easy money" stops being so easy to grab…You need another way to bank those big, portfolio-changing returns stocks like TSLA and CROX. That's where Small-Cap Alpha comes in. Each month, members will receive 5 of the top small cap and a handful of resources designed to help you make the best trades possible. Get one step closer to seeing these big stock swings for yourself. [Click HERE to get started.]( --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( Are you looking to invest in copper? "The Buck Stops Here" Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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