InvestIdeas

not vested

THIS VIDEO-GAME MAKER IS IN A STRONG UPTREND

Today, we're taking a look at the impressive rise of a popular video-game maker...

Take-Two Interactive Software (TTWO) is a $4 billion company that's best known for its ultra-popular franchises like Grand Theft Auto, NBA 2K, and Civilization. It has even started developing apps for smartphones and tablets.

Just this week, Take-Two announced that Grand Theft Auto V has sold more than 70 million copies since its release, making it one of the most popular video games of all time.

The company also reported impressive earnings, beating analyst estimates. Net revenues rose more than 20% versus the same period of 2015.

As you can see from the chart below, Take-Two shares have been in a strong uptrend for the past few years. After its earnings announcement, shares jumped about 8% yesterday.

They're up around 170% over the last three years, just hitting a fresh multiyear high. And with the launch of several highly anticipated series around the corner – as well as the upcoming holiday season – the uptrend in TTWO shares should continue...

Source: Daily Wealth

not vested

Can TTWO finally hold $50?

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide.

The company offers its products under the Rockstar Games and 2K labels.

It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises.

Source: Wealth Blueprint Letter

http://wealthblueprintletter.com/can-tt ... 5337dfbdf6

ANTICIPATION BUILDS AS THIS VIDEO-GAME MAKER'S STOCK RISES

Today, we're highlighting the power of one of our favorite investment strategies...

Longtime readers know we often highlight the idea of investing in companies that sell physically addictive products like cheap coffee and fast food.

On the flip side, psychological addiction is another powerful motivator. In this case, we're talking about the impulse to have fun...

Take-Two Interactive Software (TTWO) is the $15 billion video-game maker behind some of the most popular titles on the market – such as Grand Theft Auto V and NBA 2K18, both of which are among the 10 bestselling games of 2018. Next month, Take-Two will release the highly anticipated sequel to Western-themed shooter Red Dead Redemption.

As you can see, TTWO's popular titles have pushed the stock higher. Over the past two years, the stock has soared more than 200%, recently hitting a new all-time high. If future game sales can live up to the hype, TTWO shares should continue their uptrend...

Source: Daily Wealth

ANTICIPATION BUILDS AS THIS VIDEO-GAME MAKER'S STOCK RISES

Today, we're highlighting the power of one of our favorite investment strategies...

Longtime readers know we often highlight the idea of investing in companies that sell physically addictive products like cheap coffee and fast food.

On the flip side, psychological addiction is another powerful motivator. In this case, we're talking about the impulse to have fun...

Take-Two Interactive Software (TTWO) is the $15 billion video-game maker behind some of the most popular titles on the market – such as Grand Theft Auto V and NBA 2K18, both of which are among the 10 bestselling games of 2018. Next month, Take-Two will release the highly anticipated sequel to Western-themed shooter Red Dead Redemption.

As you can see, TTWO's popular titles have pushed the stock higher. Over the past two years, the stock has soared more than 200%, recently hitting a new all-time high. If future game sales can live up to the hype, TTWO shares should continue their uptrend...

Source: Daily Wealth

TTWO is down 14% to 93$ today after a disappointing forecast

EA is also losing 15% right now

https://www.bloomberg.com/news/articles ... ame-makers

not vested

Dec 14, 2019

Smart Timing for a "Grand Theft Auto" Sequel Could Deliver Huge Gains for Take-Two Interactive

The next entry in the blockbuster video game franchise is on the horizon, but debuting it on next-gen consoles would be a huge mistake.

by Keith Noonan

Next year would be the optimal time for the company to release Grand Theft Auto VI.

Debut the sequel at the tail end of the current video game console cycle, make it available only on current platforms for roughly a year, and then release an updated version for PC and Sony and Microsoft's new platforms in order to encourage repeat purchases.

Microsoft and Sony are expected to launch new consoles in the fourth quarter of 2020.

Take-Two would be better served by releasing it on Xbox One and PlayStation 4 as these platforms are reaching maturity and their successors are just hitting the market.

Source: Motley Fool

https://www.fool.com/investing/2019/12/ ... uld-d.aspx

not vested

MORE THAN JUST AN ESCAPE FROM REALITY

The pandemic is still boosting at-home entertainment...

With many folks around the world still staying home because of the COVID-19 crisis, people need some way to keep themselves entertained.

And according to market research firm NPD, video games are not only being used as entertainment, but also as a "means of staying connected with family and friends." That's a boost for today's company...

Take-Two Interactive Software (TTWO) is an $18 billion video-game maker. It boasts popular series like Grand Theft Auto and NBA 2K. And it received a huge boost from the pandemic...

In the most recent quarter, both earnings and "bookings" (which measures digital and physical sales) topped estimates. And this strength is expected to continue...

Take-Two forecasts bookings of $800 million to $850 million in the first quarter, well above Wall Street's expectation of $498 million.

As you can see in today's chart, TTWO shares are soaring.

Source: Daily Wealth

not vested

RIDING THE UPTREND IN AT-HOME ENTERTAINMENT

Today's company is hitting new highs by selling video games...

Take-Two Interactive Software (TTWO) is a $21 billion video-game maker. Its popular titles include series like Borderlands, Bioshock, and Grand Theft Auto.

And its sales are jumping as folks play games during the pandemic... Its net bookings (which measures digital and physical sales) rose slightly year over year to $957.5 million in the latest quarter.

And Take-Two has raised its outlook for fiscal year 2021, too – it now expects record net bookings of more than $3 billion.

As you can see, Take-Two's shares have trended higher over the past year – up nearly 48%. They recently hit a new all-time high. And as folks turn to video games for safe entertainment this winter, that uptrend should continue...

Source: Daily Wealth

Take-Two Shares Drop After Grand Theft Auto VI Delayed Again
https://www.zerohedge.com/markets/take- ... o-vi-delay