3 Reasons I'd Buy Electronic Arts Stock After Stellar Earnings
Electronic Arts (NASDAQ: EA) reported strong earnings results last week, with record revenue, bookings, and operating cash flow for fiscal 2021 (which ended in March).
EA's share price is up 20% over the last year, but it has trailed the broader market, where the S&P 500 index has climbed 44% over the same time frame.
There are good reasons to believe that underperformance won't last. Management expects to deliver another record year in fiscal 2022, with major growth catalysts on the horizon. Most importantly, EA offers a cheaper valuation than its peers, which positions the stock for outperformance.
Source Fool.com
