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Is Take-Two Interactive Stock a Buy Now?

TheMotleyFool

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Is Take-Two Interactive Stock a Buy Now?: https://g.foolcdn.com/editorial/images/733419/playing-console-video-game-controller.jpg

Investors in Take-Two Interactive Software (NASDAQ: TTWO) just leveled up. The stock jumped in response to the video game developer's recent earnings report and is trouncing the S&P 500 so far in 2023.

Wall Street is looking past the company's current losses and management's prediction for slow growth this fiscal year and focusing on the brighter future. Take-Two is planning for massive improvement over the next several years thanks to a packed pipeline of game releases.

Should investors jump on board with that bullish outlook, or wait for more concrete signs of a growth rebound? Let's take a closer look.

Source Fool.com

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