Analysts on Thursday highlighted three "mega trends" over the past decade: digital distribution, in-game purchases and successful franchises such as Activision's World of Warcraft and Take-Two's Grand Theft Auto.
Look for long-term opportunity even in the face of near-term weakness, said Boris Schlossberg, managing director of FX strategy at BK Asset Management. Electronic Arts is the closest to its highs, down roughly 8% from a January peak. Take-Two is the furthest, nearly 19% below its February high. Matt Maley, chief market strategist at Miller Tabak, is watching key levels in two of the stocks he sees as most appealing – Activision and EA.
TradingNation Flash Mob protest by Yangonians in defiance of Burma Coup and Genocidal Dictatorship despite brutal crackdowns and chanting “Annihilate The Fascist Army” “Revolution Must Prevail”. June25Coup WhatsHappeningInMyanmar
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