Are video games a defensive industry at this point? - Steven Mallas

Sign Up | Log In | What is SocialPicks?

Investment Ideas Served Daily By People You Trust

SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.

Are you a stock guru?

Share picks & earn reputation

1 pt	Are video games a defensive industry at this point?
	Oct 10, 2008 03:39 PM UTC

Steven Mallas

Return	Risk
-50.42%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
DIS	n/a
ERTS	n/a
NTDOY	n/a
MSFT	n/a
ATVI	n/a
SNE	n/a
TWX	n/a

Via BloggingStocks:

Filed under: Microsoft (MSFT), Time Warner (TWX), Walt Disney (DIS), Sony Corp ADR (SNE), Electronic Arts (ERTS), Activision Inc (ATVI), Technology

There are some who say that video games will be just fine during the economic crisis. Of course, you have to consider who's spouting this idea when evaluating it. According to this article, gaming giants Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) believe that the upcoming holiday season won't be so tough on their PlayStation 3 and Xbox 360 consoles. They agree with some pundits who think that people will look to drop several hundred dollars on a system as opposed to spending even more on bigger-ticket items such as a vacation. If people cocoon in their homes during this terrible time period to save cash, then they may want to play video games. That's one dimension of the argument.

The other is that consumers may turn

...

Read the rest of the original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

ROCK-STAR INVESTORS

Rank	Name	Sharpe Ratio	Avg Return	Followers
1	noshoes	29.65	+61.65%	160
2	Gerald Greene	21.24	+48.89%	49
3	The Big Bear	19.00	+49.44%	205
4	krprasad	17.77	+19.60%	4
5	David Young	15.63	+16.16%	6

... more »

POPULAR STOCKS

Symbol	Company Name	Sentiment
CSCO	Cisco Systems Inc
V	Visa Inc
AIG	American International Group Inc.
SBUX	Starbucks Corp
MO	Altria Group Inc
AAPL	Apple Computer Inc

... more »

TODAY'S HEADLINES

LDK Solar's Growth Potential Offset by Gross Margin Pressure
by Paul Cheung (Zacks.com) about LDK

Cisco Systems Still a Wait and See
by Thomas Catino (Ant & Sons) about CSCO

The Merrill Lynch Diet: Starving Shareholders
by Zack Miller (BloggingStocks) about MER

Until Housing Improves, Don't Expect Stocks to Rebound
by J.D. Steinhilber (Agile Investing) about SPY

Google Blows Q2: Multiple Compression to Continue
by Henry Blodget about GOOG

... more »

TODAY'S TOP PICKS

JNJ		Updated FDA Calendar of 73 Decision Dates by Mike Havrilla
SCHW		Solid broker--> going from tier 2 to tier 1 by utopius
TEVA		Stock Picks for a 'Roadhouse Blues' Market by Mike Havrilla
BBY		Short term pressure on BBY will limit upside potential by Tom Caddoo
TXT		TXT Insider buying in Down market. by Locationh

... more »

Broker Center

Get 30 free trades from
ChoiceTrade »

The Walt Disney Company Disney (DIS)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

78.0%

Top:

40.0%

Electronic Arts Inc (ERTS)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

73.5%

Top:

0.0%

Nintendo Co Ltd ADR (NTDOY)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

92.5%

Top:

75.0%

TODAY'S HEADLINES

LDK Solar's Growth Potential Offset by Gross Margin Pressure
by Paul Cheung (Zacks.com) about LDK

Cisco Systems Still a Wait and See
by Thomas Catino (Ant & Sons) about CSCO

The Merrill Lynch Diet: Starving Shareholders
by Zack Miller (BloggingStocks) about MER

Until Housing Improves, Don't Expect Stocks to Rebound
by J.D. Steinhilber (Agile Investing) about SPY

Google Blows Q2: Multiple Compression to Continue
by Henry Blodget about GOOG

... more »

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.