GreedyTrader

Why we are buying Take Two Interactive

Long
NASDAQ:TTWO   Take-Two Interactive Software, Inc.
Take-two are the guys behind Rock Star, makers of the GTA franchise. Despite bringing violence to our screens, TTWO has had a strong balance sheet. Net revenue more than doubled and it posted its highest net profit ever of just over $361m. Everyone likes a company with profit and with International sales growing and now accounting 53% of all Take two's revenue, we can expect more value to come.

We are expecting $39-$40 a share in the medium to long term.

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