The Zacks Analyst Blog Highlights: Amazon.com, Apple, Electronic Arts, Take-Two and Disney

Zacks

For Immediate Release
 
Chicago, IL – April 11, 2014 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Amazon.com Inc. (Nasdaq:AMZN-Free Report), Apple (Nasdaq:AAPL-Free Report), Electronic Arts (Nasdaq:EA-Free Report), Take-Two (Nasdaq:TTWO-Free Report) and Disney (NYSE:DIS-Free Report).
 
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday’s Analyst Blog:

Amazon’s Entry a Threat to Game Developers?

Amazon.com Inc.’s (Nasdaq:AMZN-Free Report) recently released Android-based Internet video-streaming set-top box called Fire TV could pose a threat to game developers.

Amazon’s new streaming device, Fire TV, consists of a quad-core processor, 2 GB RAM and a Graphics Processing Unit. The device doubles as a gaming console which could help Amazon to successfully compete with tech players like Apple (Nasdaq:AAPL-Free Report) in the home entertainment market.

Additionally, game developers like Electronic Arts (Nasdaq:EA-Free Report) and Take-Two's (Nasdaq:TTWO-Free Report) 2K Games unit, Sega, Gameloft and Disney (NYSE:DIS-Free Report) could witness increasing competition from Fire TV. The company stated that the device will support thousands of Android games by next month. Further, the online retailer has plans to develop gaming titles with better graphics from its gaming studio at a cheaper cost. This is expected to highten competition for other game developers. For those interested, Amazon is also offering a separate game-controller called Fire game-controller for $39.

Also, there is a possibility that Amazon’s Fire TV integrated with the gaming feature might as well replace game consoles like Sony’s PS4s, Ninetendo’s Wiis and Microsoft’s Xbox. This could be a severe blow to game developers like Electronic Arts and Take-Two that develop games for these devices.

The market sentiment can be gauged from the share prices of Electronic Arts and Take-Two, which fell 2.0% and 3.9%, respectively, in after-hours trading.

Whether Amazon can edge past other gaming companies in the fragmented and highly competitive video game market remains a wait-and-see story. It is unlikely that the online retail company will immediately capture the attention of hard-core gamers compelling them to replace their PS4s and Xbox Ones with the new gaming device.

However, Amazon has done exceptionally well in new fields like cloud computing and tablet computers. Despite being a late entrant in the home entertainment and gaming markets, Amazon could succeed on the back of its innovative ideas. We believe the company’s promotional techniques, wide array of low-cost titles and other strengths could come into play, helping the expansion of its streaming devices and strengthening its competitive position.

Currently, Amazon has a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
 
Get the full Report on AMZN - FREE
Get the full Report on AAPL - FREE
Get the full Report on EA - FREE
Get the full Report on TTWO - FREE
Get the full Report on DIS - FREE
 
Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
 
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

 
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Read the analyst report on AMZN

Read the analyst report on AAPL

Read the analyst report on EA

Read the analyst report on TTWO

Read the analyst report on DIS


Zacks Investment Research

View Comments (0)