Berk Sure Has A Way

Putting my mouth where my money is.

Posts Tagged ‘ZNGA

Take-Two is a Buy – Could Double in next 12 Months

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Last Thursday, Seeking Alpha published my bullish post on a recent stock position – Take-Two Interactive.

Summary:  Take-Two (TTWO) is a changed company with growing operating leverage and a secular tailwind from new console launches. Grand Theft Auto V is one of the biggest franchises in all of entertainment. Take-Two continues to innovate, win awards and launch new franchises. The company is flush with cash and cash flow and is aggressively buying back stock. The stock is inexpensive and could easily double in 6-12 months as the market digests the shift in business prospects and profitability.

You can read the full post on Seeking Alpha:

Take-Two: Margins will Drive Upside

Disclosure: I own shares and call options in TTWO.

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Written by Kevin Berk

December 16, 2013 at 10:56 AM

Posted in Picks and Pans, Uncategorized

Tagged with , , , ,