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$46.00 -1.61 (-3.38%)
9/4/2008 4:00 PM

Electronic Arts, Inc. (ERTS)

CAPS Rating:
***

The Company develops, markets, publishes and distributes interactive software games that are playable by consumers on video game consoles, personal computers, mobile platforms and online.

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Recs

2

Avatar Firesale (< 20) Submitted: 7/12/07 2:49 PM : Outperform Start Price: $48.60 ERTS Score: 13.96

Its time to get into gaming stocks because overpriced consoles are dropping. Sony cut PS3 by $100, Microsoft will follow (even if they say they wont), and the Wii is on fire. This translates into greater consumer consoles and gaming purchases. This gaming cycle will last longer than previous years because exorbitant price will take several years to steadily decline (PS2 are still selling). ERTS is best of bread and sports a current PE of nearly 200, but one year out is only 25. With titles such as EA Sports (e.g. Madden), The Sims, Medal of Honor, and millions this year to establish their online gaming footprint the future looks bright.

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