Glu Mobile: A Top Growth Stock to Buy in a Coronavirus-Rattled Market
The novel coronavirus pandemic has dented economic activity across the globe and caused losses for businesses both big and small, but it has also turned out to be a tailwind for certain companies. Glu Mobile (NASDAQ: GLUU) is one such company that seems to be benefiting from the shelter-in-place orders and the lockdowns instituted across the globe to contain the COVID-19 disease.
The mobile gaming specialist has delivered terrific first-quarter results, and also raised its full-year guidance. That's not surprising -- the novel coronavirus outbreak has led to a surge in mobile gaming activity, and Glu Mobile was well-placed to take advantage of it.
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Source Fool.com
