Has Zynga (ZNGA) finally reversed course? The stock is up more than 36% year to date, mostly on the promise of added revenue and profits from real-money gambling games overseas.
Founder and CEO Mark Pincus is bullish for different reasons. In a recent interview with Reuters, Pincus, whose company has made very public efforts to reduce its dependence on Facebook (META -11.11%), said he believes a mobile version of FarmVille 2 will help the company regain its footing.
That's good, because Zynga needs as much help as it can get, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova. Revenue is up an anemic 0.5% over the trailing 12 months. Asking one game to reverse that trend -- even a star like FarmVille, which attracts an estimated 6.5 million players daily -- is probably asking too much, Tim says.
Do you agree? Please watch the video to get Tim's full take, and then let us know whether you would buy, sell, or short Zynga stock at current prices.
