Tuesday, May 10, 2016

Zynga - Q1 Earnings Usher In New Growth Mode

Zynga responded positively to solid Q1 earnings.
The growth in mobile is finally eclipsing the declines in the non-mobile platforms.
The stock is a strong buy as Zynga finally heads back into a growth mode.
The Zynga (NASDAQ:ZNGA) story is continuously framed as one of a struggling game developer trying to stay afloat. The missed story is that despite the CEO shuffles, the company has continued to successfully shift towards mobile and higher user average payments.
 Read the full article on Seeking Alpha.

 Disclosure: Long ZNGA, AAPL. Please read the disclaimer page for more details.

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