Game On: These Gaming Giants are Starting to Bounce

Surging sales could benefit these two stocks Surging sales could benefit these two stocks                                                                                                      [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, “Investors may want to pay close attention to video game stocks, like Take-Two Interactive (SYM: TTWO) and Electronic Arts (SYM: EA),” we noted on April 25. “Not only are they oversold, but they’re likely to benefit from surging sales again this year.” --------------------------------------------------------------- Company: Take-Two Interactive (SYM: TTWO) Since then, TTWO ran from about $142 to a recent high of $145.36. From here, we’d like to see it test $155 again near term. Helping, analysts at Citi just upgraded the TTWO stock to a buy rating, with a price target of $200 from $170. In the most bullish scenario, the firm believes TTWO could test $235. Two, once we get further clarity on the release of the new Grand Theft Auto game, the stock could run higher on anticipation. --------------------------------------------------------------- Sponsored[Google CEO: This Is likely Bigger Than Electricity]( [chaikin](Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again. [Here's what to buy...]( --------------------------------------------------------------- Company: Electronic Arts (SYM: EA) Electronic Arts (SYM: EA) also ran from about $127 to a recent high of $130.46. From here, we’d like to see EA retest $133 initially. Helping, the company just announced it will raise the price of its monthly and annual EA Play subscriptions. As noted by Seeking Alpha, “The monthly price will rise to $5.99, up from $4.99, while the annual fee is slated to rise to $39.99, up from $29.99. The higher tier subscription, EA Play Pro, is also set to increase in cost. It will rise to $16.99 on a monthly basis (up from $14.99) and $119.99 on an annual basis, up from $99.99, respectively.” We still like TTWO and EA at current prices, and believe they could push aggressively higher. --------------------------------------------------------------- Sponsored[Want to hear DIRECTLY from the options master?]( Weren’t you determined to make 2024 “the year” of your breakthrough in options trading? And yet…It’s March now, and you are still frustrated with losing money… and… trying to “crack the code” in generating consistent success. Jack Harris here, I hate to “show off” but I’ve gained national recognition for my incredible run of turning my $2k Robinhood account into $83,640. And guess what? I wrote a best-selling book on my trading method! [Click here to claim your FREE copy exclusively for Behind the Markets readers.]( --------------------------------------------------------------- [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 currently invested in any gaming or entertainment stocks? Do you have your eye on any we might have missed? Hit "reply" to this email and let us know! 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