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Take-Two Interactive (NASDAQ: TTWO ) shares are up 25% since the company beat earnings estimates last quarter. In the video below, Fool contributor Demitrios Kalogeropoulos discusses what drove the surprise last quarter, and whether more good news could be in store for the company.
Wall Street expects Take-Two to earn $0.23 a share, versus the $0.60 loss a year ago. Sales are expected to rise by almost 90%. With optimism building around new gaming consoles coming in the fall, Demitrios argues that this is a good time for investors to take a look at the broader video game sector, too.
While Activision and Microsoft have been taking the headlines when it comes to console gaming, investors following the gaming sector would do well to also keep tabs on Electronic Arts. We can help. The Motley Fool's special report breaks down the risks and opportunities facing the company to help you decide if EA is right for your portfolio. Click here to get your copy now.