Hot Warren Buffett Stocks To Own For 2014: Take-Two Interactive Software Inc.(TTWO)
Take-Two Interactive Software, Inc. publishes, develops, and distributes interactive entertainment software, hardware, and accessories worldwide. The company develops and publishes software titles for various gaming and entertainment hardware platforms, including PlayStation3 and PlayStation2 computer entertainment systems, PlayStation Portable system, Xbox 360 video game and entertainment system, and Wii and DS systems, as well as for the personal computer and games for Windows. It offers products through its wholly owned labels Rockstar Games and 2K, which publishes titles under 2K Games, 2K Sports, and 2K Play. The company, through its subsidiary, Jack of All Games, also distributes software, hardware, and accessories in North America. Its proprietary brand franchises include Grand Theft Auto; Sid Meier's Civilization; Max Payne; Midnight Club; Manhunt; Red Dead Revolver; Bully; BioShock; Sid Meier's Railroads!; Sid Meier's Pirates!; Carnival Games; and Top Spin, as wel l as licensed brands comprise the sports games Major League Baseball 2K; NBA 2K; and NHL 2K. The company sells its software titles to retail outlets through direct relationships with large retail customers and third party distributors. Its customers include mass merchandisers, specialty retailers, video stores, electronics stores, toy stores, national and regional drug stores, and supermarket and discount store chains. The company was founded in 1993 and is headquartered in New York, New York.
Advisors' Opinion:- [By Kurt Avard]
Fool Rick Munarriz wrote about four video game stocks to watch this past December. While two of these companies, Activision (NASDAQ: ATVI ) and Take-Two Interactive Software (NASDAQ: TTWO ) , are priced notably higher than when that article was published, detractors! note that the burst in stock prices means very little in the long run.
- [By Brandy Betz]
Shares of Activision Blizzard (NASDAQ: ATVI ) have risen over 13% in the past week following positive fourth-quarter and full-year reports. The company is fresh off the launch of Call of Duty: Ghosts, which became the second best-selling game of the year behind Take-Two's (NASDAQ: TTWO ) Grand Theft Auto V. The shares of Take-Two and Electronic Arts (NASDAQ: EA ) fell after these companies' recent earnings reports as investors decide what to do with gaming companies now that the next-gen consoles have launched. How did Activision avoid a similar fate?
source from Top Stocks Blog:http://www.topstocksblog.com/hot-warren-buffett-stocks-to-own-for-2014.html
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