Take-Two Expects Big Growth Ahead. Is This Gaming Stock a Buy in 2024?
Video game publisher Take-Two Interactive Software (NASDAQ: TTWO) is going through an interesting time in its business. The company acquired mobile gaming developer Zynga in 2022, helping it expand its presence in the mobile games market.
On top of that, after wrapping up its 2023 fiscal year, which ended last March 31, Take-Two's CEO, Strauss Zelnick, made a bold prediction, stating: "We believe that we will enter our next phase of growth in Fiscal 2025, as we plan to deliver several groundbreaking titles that we anticipate will set new standards of quality and success."
Take-Two's fiscal 2025 kicks off in April of this year. With the company touting big growth in its upcoming fiscal year, is now the time to buy shares of this gaming giant?
Source Fool.com
