Glu Mobile: Design Home Keeps Winning


The ability of Glu Mobile (GLUU) to keep Design Home as a top grossing game has been the basis of a long-term bullish thesis on this stock. The mobile-game developer no longer has to generate new hit games in order to grow revenues that are needed to push the stock higher.

The stock is rallying towards $10 as Design Home again reaches a Top 10 grossing rank on the domestic iPhone.


With Glu Mobile hitting new highs and Activision (ATVI) getting dinged again, the shift into the faster growing, smaller stock is looking better and better. The market clearly got off sides favoring the big cap stocks going into 2018. Glu Mobile is up 160% in the last year while Activision is now down over 30%.

Glu Mobile is still the cheaper stock here so stay long.

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


Comments

Allen Wood said…
The market clearly got off sides favoring the big cap stocks going into 2018. Glu Mobile is up 160% in the last year while Activision is now down over 30%. EADA105 exam dumps

Popular posts from this blog

Camping World: Momentum Stinks

Aurora Cannabis: Deal Or No Deal