Electronic Arts: Take advantage of the stock's lull - Joseph Lazzaro

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Electronic Arts: Take advantage of the stock's lull
Jun 12, 2009 04:00 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
ERTS		06/12/09	-22.57%	10/13/10

Via BloggingStocks:

Filed under: Electronic Arts (ERTS), Stocks to Buy

It goes without saying that discretionary purchases are under pressure in the era of the frugal consumer.

By definition, that rules-out most high-tech game plays, but there are exceptions, and Electronic Arts (NASDAQ: ERTS) is one.

I would buy ERTS at these levels, basically on the future strength of three franchises; Madden NFL, The Sims, and Need for Speed. The First Call FY2009/FY2010 EPS estimates for ERTS are 96 cents to $1.29.

Continue reading Electronic Arts: Take advantage of the stock's lull

Electronic Arts: Take advantage of the stock's lull originally appeared on BloggingStocks on Fri, 12 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

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