“Take-Two Interactive (TTWO) was one of the worst performing gaming stocks of 2022. However, it appears the stock may be bottoming out, as the company bets big on game demand in coming years,” we noted on Jan. 3, as TTWO traded at just $104.13.
A day later, shares of TTWO are up to $108.50 – and could see $110 shortly. Technically, if the stock can break above double top resistance around $109.80, we’d like to see the TTWO stock eventually return to $125. Helping, as we also noted, “Stifel analysts are also calling TTWO the top pick for 2023. And, another big reason to stay positive on TTWO is Grand Theft Auto.”
If you bought into TTWO on our mention, we’d love to hear how you’re doing with it so far.
Thanks. And happy New Year.
Sincerely
Ian Cooper
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