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Are Mobile Game Developers Overlooked?

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  • Mobile game developers are struggling now, but investors shouldn't overlook the valuation prospects when the stocks turn around.
  • Electronic Arts and Activision Blizzard don't offer any growth, yet the market is rewarding these stocks higher valuations.
  • Investors should review how the console game developers turned around weak prospects to huge stock gains before dismissing the stocks focused on mobile games.
Everybody knows that videogame players are shifting to mobile, but ironically the console game developers continue to reign supreme. Typically, the small growth companies garner the highest valuation multiples, but that isn't the case in the videogame developer sector.

Read the full article on Seeking Alpha.


Disclosure: Long GLUU and ZNGA. Please review the disclaimer page for more details. 



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