Baird analyst Colin Sebastian said video games are emerging as the largest segment of media and entertainment globally. The analyst calls the segment a "must-own" group and tells investors to "take your pick" in either Activision Blizzard (ATVI), Electronic Arts (EA), or Take-Two Interactive (TTWO). The analyst cited secular growth trends, including recurring digital revenues, millennial media consumption, mobile monetization, emerging esports, and intermediate-term development of advanced streaming services.
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"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Take-Two Interactive President Karl Slatoff disclosed the sale of 90,851 shares of compant stock at $148.54 on April 12, for a total transaction amount of $13,494,771.