EA Is Beating the Market: 3 Reasons You Should Buy Shares

Investors had low expectations for Electronic Arts (NASDAQ: EA) during the early months of 2022. Its share price declined by as much as 15% this year over fears of a slowdown in consumer spending, poor reports from competitors like Activision Blizzard (NASDAQ: ATVI), and worries about how the company's comparative results would look as it lapped periods when the pandemic was boosting the amount of time people spent playing video games.

EA assuaged all of these worries with the strong fiscal Q4 2022 earnings report it released on May 10. That report put the stock on an upward trajectory. It's now up almost 20% this month and over 5% year to date -- well outpacing the broad S&P 500, which is down around 12.5%. But it's not too late for investors to buy shares of EA. Here are three reasons why. 

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Source Fool.com