This Potential Metaverse Winner Is a Screaming Buy After Its Latest Earnings Report
Take-Two Interactive's (NASDAQ: TTWO) latest quarterly report may have left a bad taste in investors' mouths as its guidance wasn't as strong as Wall Street was looking for, but it would be a good idea to focus on the bigger picture, as the company is pulling the right strings to take advantage of hot trends such as the metaverse.
The video game publisher released its fiscal 2022 third-quarter results on Feb. 7, which were a mixed bag as the guidance couldn't pass muster. So, it wasn't surprising to see Take-Two's stock price drop 1.6% after the release. But this could be an opportunity for investors to buy a gaming stock that its CEO Strauss Zelnick told tech news site VentureBeat is "probably the biggest metaverse company" in terms of revenue at the moment thanks to multiple game franchises it operates with online engagement options.
Let's look at Take-Two's latest numbers and see why the company is a top metaverse stock you can buy right now.
Source Fool.com
