The Nasdaq Composite (^IXIC -2.70%) is down more than 7% year to date at the time of writing. Sudden dips in the stock market are not fun, but they are common and can help you buy shares of quality growth stocks at better prices.
An analyst called video game publisher Take-Two Interactive Software a top defensive play amid the current stock market upheaval. The post This Stock Called Top Defensive Play In Current Market Upheaval appeared first on Investor's Business Daily.
Take-Two Interactive stock has risen 11% since December, driven by GTA 6 hype and a strong video game lineup, justifying a Buy rating. Take-Two's diverse portfolio, including Red Dead Redemption, BioShock, and NBA 2K25, proves it's not reliant solely on GTA for success. Despite mixed Q3 earnings, strong recurrent spending and mobile gaming growth highlight Take-Two's resilience, with GTA 6 expe...
NEW YORK--(BUSINESS WIRE)--Rockstar Games® is proud to announce the acquisition of Video Games Deluxe, the Sydney-based development studio. The studio will be renamed Rockstar Australia. Video Games Deluxe has worked with Rockstar Games on some of its most memorable titles, including the 2017 re-releases of L.A. Noire, L.A. Noire: The VR Case Files, and most recently, on upgrades to Grand Theft...
Growth stocks are a great way to build lasting wealth, but it's important to choose wisely. Buying shares of promising companies that are tapping into a huge market for their products can lead you to long-term winners.
I maintain a STRONG BUY rating on TTWO due to its diversified revenue streams, strong pipeline, and the highly anticipated release of GTA VI. TTWO's Q3 results showed a slight revenue miss but a strong EPS beat, driven by the NBA 2K franchise and mobile segment growth. GTA VI is expected to surpass GTA V's success due to high anticipation, digital sales shift, and strategic release timing.
Given the cultural impact of the Grand Theft Auto (GTA) series, it is hardly surprising that any rumors and news pertaining to GTA VI – the next installment in the franchise – has had a continuously strong impact on the stock of its publisher, Take-Two Interactive Software (NASDAQ: TTWO).
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