Friday, February 16, 2018

Zynga: Finally A Real Company

Zynga has started generating consistently solid cash flows.
The company maintains a large cash balance and other valuable assets.
The stock valuation remains cheap with a large gap between a leader in the sector.
For the longest time, business TV hosts have joked about a company being the next Zynga (ZNGA) in reference to a stock that was overhyped and should've never gone public. The joke is finally on the TV hosts that haven't kept up on the emerging story. As long as the market view doesn't adapt to the new realities of a nicely profitable company, value will exist in the stock.
Read the full article on Seeking Alpha. 

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

No comments: