Jim Cramer Isn’t Buying The Negativity About Take-Two (TTWO)
Quick Take
Jim Cramer remains optimistic about Take-Two Interactive despite prevailing market negativity.
Key Points
- Cramer believes in Take-Two's long-term potential.
- Market negativity may overlook strong game releases.
- Investors should consider buying on dips.
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~2 min readRamish Cheema
1 min read
We recently published Jim Cramer Discussed A Mysterious Yellow Light & These 9 Stocks. Take-Two Interactive Software Inc. (NASDAQ:TTWO) is one the stocks discussed by Jim Cramer.
Take-Two Interactive Software Inc. (NASDAQ:TTWO) is a well-known video game developer and perhaps one of the most frequently discussed by Jim Cramer. The primary reason the CNBC TV host discusses the firm is due to the Grand Theft Auto (GTA) franchise. DA Davidson discussed Take-Two Interactive Software Inc. (NASDAQ:TTWO) on March 4th. It reiterated a Buy rating and a $300 share price target. The financial firm remarked that the video game developer benefits from a loyal user base for its NBA game title. Raymond James bumped its rating for Take-Two Interactive Software Inc. (NASDAQ:TTWO) to Strong Buy from Outperform on February 10th and kept a $285 share price target. Cramer continued to praise the GTA lineup:
“I crushed people on that!. . .look, we have one of, Take Two is an amazing company and you’re not going to get GTA. . .GTA is the largest entertainment franchise in history. And this GTA 6 has been there a long time. I’m actually willing to say that 237 is a decent price to pay. . .”
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READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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— Originally published at finance.yahoo.com
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