Minyanville published a new article of mine - Take-Two Entering New Peak Product Cycle. It’s a summary of why I’m overwhelmingly bullish on Take-Two Interactive (TTWO).
Take-Two is at the cusp of a new product cycle that should generate enormous earnings and free cash flow growth over the next two years. With BioShock 2, Mafia 2, and Max Payne 3 scheduled for release next year, Take-Two should have no problem delivering outstanding growth.
Plus, Grand Theft Auto V should come in 2011, or perhaps even in late 2010, giving the company an enormous boost in profitability. The cash flow from that game alone could be greater than the company’s entire enterprise value. I own Take-Two common stock and vertical call spreads - and I plan on making these positions even bigger.
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