2 Gaming Stocks to Buy Right Now
Over the past several years, the gaming industry has enjoyed some notable moves. In 2014, Amazon acquired video game livestreaming company Twitch Interactive for nearly $1 billion. More recently, has gotten the green light to acquire gaming giant Activision Blizzard after a long battle with the Federal Trade Commission (FTC) over antitrust concerns.
With Microsoft's deal dominating the headlines when it comes to deal activity in the gaming arena, other investment opportunities in the space seem to be overshadowed. Electronic Arts (NASDAQ: EA) and Take-Two Interactive Software (NASDAQ: TTWO) both present compelling investment opportunities. Both of these stocks could be worth putting on your radar if you are looking for exposure to high-growth companies with generous shareholder returns.
Electronic Arts is a staple in the video game world. The company is the home to well-known gaming franchises such as Madden and The Sims. For its fiscal year ended March 31, Electronic Arts posted total revenue of $7.4 billion, an increase of 7% year over year.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 5.53% for Microsoft Corp. compared to the current price of 398.0 €.
