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Two Video Game Stocks to Buy and Hold on Weakness

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behindthemarkets.com

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Thu, May 23, 2024 01:05 PM

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Multiple catalysts could push these stocks higher here. Prefer to view this content on our web

Multiple catalysts could push these stocks higher [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, In late April, we said, “Investors may want to pay close attention to video game stocks, like Take-Two Interactive (SYM: TTWO) and Electronic Arts (SYM: EA). Not only are they oversold, but they’re likely to benefit from surging sales again this year.” Since then, both have been on the move. --------------------------------------------------------------- Company: Take-Two Interactive (SYM: TTWO) Take-Two, for example, ran from $142 to a recent high of $151.20. All with the company saying the latest installment of Grand Theft Auto VI would be out in 2025. "As we enter Fiscal 2025 with positive momentum, we expect to deliver Net Bookings of $5.55 to $5.65 billion. Our outlook reflects a narrowing of Rockstar Games' previously established window of Calendar 2025 to Fall of Calendar 2025 for Grand Theft Auto VI,” said Chairman and CEO Strauss Zelnick. “We are highly confident that Rockstar Games will deliver an unparalleled entertainment experience, and our expectations for the commercial impact of the title continue to increase. Looking ahead, we believe that our Company is poised to achieve new levels of success, and we expect to deliver sequential growth in Net Bookings for Fiscal 2025, 2026, and 2027,” he added. --------------------------------------------------------------- InvestorPlace [Forget Amazon, Google, and Oracle — Invest Here Instead]( [bulb]( Worrying about which AI stock to buy next? Forget about it. Instead, you should be looking at this unique way to invest in the AI industry that regularly yields huge, retirement-boosting payouts. At least that's what one of America's top money managers thinks. [Full Details Right Here.]( --------------------------------------------------------------- Company: Electronic Arts (SYM: EA) With Electronic Arts (SYM: EA), we said “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,” in late April, as well. At the time, it traded at around $127. It’s now up to $133.87 on news of College Football 25 pre-sales, as noted by Seeking Alpha. With video game sales still hot, TTWO and EA could continue to push aggressively higher. --------------------------------------------------------------- Investors Alley [Get this Bitcoin ETF before May 29]( A massive Bitcoin dividend was just announced... You'll receive $2.05 per SHARE... That's 161% BIGGER than the highest-yielding dividend aristocrats... But you have to get in before the May 29 cutoff date. ONLY investors who are on THIS shareholder list will get the massive dividend payout when it gets sent out. [Click here now for all the urgent details.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you own any shares of gaming or entertainment stocks? Do you have your eye on any opportunities 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

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