Tuesday, April 10, 2018

Glu Mobile: Home Run Potential

Glu Mobile successfully launched the latest version of the Tap Sports Baseball franchise.
The company still offers the home run potential of new games though recent history has been disappointing.
The stock is extremely cheap based on existing franchises trading at only 1.35x forward revenue estimates.
Despite the volatile market for the tech sector in 2018, Glu Mobile (GLUU) has generally held up well. The stock started the year around $3.60 and currently trades near $3.70 due to the extreme value in the stock and the stability provided by franchise games like Tap Sports Baseball.
Read the full article on Seeking Alpha. 

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

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