Zynga: Finally A Mobile Winner
The recent success of a mobile game ushers in a new era for Zynga.
A big mobile hit will change the market perception of the game developer.
The stock still offers a very compelling valuation despite trading at the 52-week high.
The biggest rap of Zynga (NASDAQ:ZNGA) since the peak of the Facebook (NASDAQ:FB) gaming platform was the lack of a solid mobile lineup. The game developer hired Don Mattrick to usher in the shift to mobile, but the company struggled to make the shift fast enough.
Read the full article at Seeking Alpha.
Disclosure: Long ZNGA