|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.58 - 49.96|
|52 Week Range||32.02 - 53.24|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||34.47|
|Forward Dividend & Yield||0.62 (1.24%)|
|Ex-Dividend Date||Sep 25, 2019|
|1y Target Est||73.97|
Check out these three high-yield tech stocks we found using our Zacks Stock Screener that dividend investors might want to buy right now...
(Bloomberg) -- Nintendo Co. fans can soon experience a life-sized video game via a new attraction at Universal Studios Japan.Super Nintendo World is slated to open this summer in Osaka, featuring a Power Up Band wearable that lets visitors collect coins and battle bosses while exploring a physical environment. Users track their progress via a smartphone app, according to the theme park operator owned by NBCUniversal LLC.“Super Nintendo World will provide an experience you cannot have anywhere else,” USJ Chief Executive Officer J. L. Bonnier said at a briefing in Osaka on Tuesday. He wouldn’t divulge further details about rides or other digital offerings, or when they will be available.Little is known about the attraction, which amounts to a mini theme park developed with Super Mario creator Shigeru Miyamoto. Universal Studios hinted it will follow classic Nintendo game themes, revolving around a mission to recover a golden mushroom stolen by Bowser Jr., a perennial Mario antagonist. The attraction will also house familiar game locations including the Mushroom Kingdom, Mario Kart, Peach’s Castle and Bowser’s Fortress. Super Nintendo World will also make it to the operator’s parks in Hollywood, Orlando and Singapore, though no dates are available.Nintendo’s late President, Satoru Iwata, first announced plans for a theme park in May 2015 as part of a broader opening-up of the company’s iconic characters for use beyond its own devices. At the time, the move prompted speculation that the Kyoto-based game maker may follow Walt Disney Co.’s strategy when it comes to maximizing the value of their intellectual properties. Since then, Nintendo has launched a number of smartphone games, including a free-to-play version of the Mario Kart franchise, but making hit titles exclusive to its own hardware is still the core business.To contact the reporters on this story: Pavel Alpeyev in Tokyo at email@example.com;Yuki Furukawa in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
Niantic's Pokémon GO had its best year ever in 2019, even besting 2016, when seemingly everyone was running around their towns playing the game right after its launch, app tracking website Sensor Tower reported Friday. The augmented reality mobile game app generated just under $900 million in gross player spending, Sensor Tower estimated, beating the $830 million plus it reaped the year the game exploded onto the scene with the most downloads ever for an app in its first week. The take made Pokémon GO No. 5 in mobile game earnings worldwide this year with "Honor Kings" from Tencent Holding (OTC: TCEHY) topping the chart, generating nearly $1.5 billion.
Activision Blizzard (ATVI) is benefiting from franchise strength. The upcoming launch of Galakrond's Awakening for Hearthstone expands its gaming portfolio.
This morning Nintendo announced that it's working on not one, but two downloadable expansions for Sword and Shield: The Isle of Armor (arriving June 2020) and The Crown Tundra (coming sometime "in the fall of 2020"). While this definitely isn't the first time Nintendo has dabbled with DLC, it is the first time they've done so with a main series Pokémon title. Considering that Sword/Shield is one of the best-selling Switch games of all time, it makes sense that Nintendo isn't quite ready to be done with it.
Taiwan-based memory chip maker Macronix International Co., Ltd. is bullish on the memory chip market in 2020, according to Nikkei Asian Review. After a rough 2019, the memory chip market could see a steady recovery in demand and a rebound in memory chip prices in 2020, said Macronix International to the publication. Macronix is a major chip supplier to some of the world’s top electronics companies, including Sony Corp (OTC: SNEJF), Apple Inc. (NASDAQ: AAPL), Huawei and Nintendo Co., Ltd (OTC: NTDOY).
The technology industry is known for constant change. Thankfully, the dynamism of new winners and losers make perfect fodder for a column named Tech Trader. Apple’s and Google’s smartphone ecosystems were the growth rails for a new array of mobile internet innovations like (UBER) (UBER) and Instagram, owned by (FB) (FB).
Take-Two Interactive (TTWO) announces the launch of new studio to expand portfolio and push the boundaries of interactive entertainment.
Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them during the period that included Black Friday. The figures, according to a company statement, included the traditional Nintendo Switch, and the newer, cheaper Nintendo Switch Lite. Nintendo Switch was an immediate hit when it launched in the spring of 2017.
Nintendo today noted that the Switch just had its best-ever sales week in the States. Over the course of Thanksgiving week, the three-year-old console moved more than 830,000 units. Back in late October, the Switch hit the 15 million mark in the States.
TOKYO/BEIJING Dec 4 (Reuters) - Japan's Nintendo Co Ltd said on Wednesday it will officially launch its Switch gaming console in mainland China on Dec. 10 priced 2,099 yuan ($298) with local partner Tencent Holdings Ltd. Pre-orders for the console began at noon (0400 GMT) in China on Wednesday, opening a major front in Nintendo's drive to expand the reach of the home-portable Switch device beyond a core fanbase as it heads into the key shopping season. The launch, which aims to establish Nintendo's control over China's grey market for the device, includes popular game New Super Mario Bros U Deluxe and a one-year warranty.
TOKYO/BEIJING (Reuters) - Japan's Nintendo Co Ltd said on Wednesday it will officially launch its Switch gaming console in mainland China on Dec. 10 priced 2,099 yuan ($298) with local partner Tencent Holdings Ltd. Pre-orders for the console began at noon (0400 GMT) in China on Wednesday, opening a major front in Nintendo's drive to expand the reach of the home-portable Switch device beyond a core fanbase as it heads into the key shopping season. The launch, which aims to establish Nintendo's control over China's grey market for the device, includes popular game New Super Mario Bros U Deluxe and a one-year warranty.
Nintendo's (OTC: NTDOY ) Switch gaming console was among the hottest items this Black Friday, thanks to a highly-publicized deal and the nearing cycle end for its competitors. What Happened Nintendo stock ...
Facebook's (FB) Beat Games acquisition is expected to expand its VR game content portfolio, which will eventually help it sell more VR hardware devices.
Turtle Beach (HEAR) offers a diversified portfolio of high-quality gaming accessories with ROCCAT for an advanced experience for gamers around the world in this holiday season.
With Black Friday just a few days away, it's a time to reflect on true American values: beating the living crap out of our fellow man so that we can save a few bucks on digital trinkets. In all seriousness, though, the kickoff to the holiday shopping season is big business. To take advantage of this time, you may want to load up your stockings with video game stocks to buy.While this season represents an opportunity for retailers to move into the black (hence the name), Black Friday is especially advantageous for video game stocks. One of the reasons is technical: several game developers experienced severe volatility late last year. And many of them have yet to recover, providing discounted entry points for prospective buyers.A second reason is timing. Leading game device developers are set to launch their next-generation consoles in 2020. Naturally, such a move would inspire other competitors to take note, releasing their own competing devices. And this almost ensures that we'll see deep discounts and bundled deals for Black Friday. Thus, 2019 could turn out to be a huge cash cow for video game stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFinally, this segment isn't just limited to nerds and computer geeks. Surprising to many, video games have become a cultural phenomenon. Today, it's weird if you don't play. * 7 Marijuana Penny Stocks That Have Ridiculous Possibilities With these factors in mind, here are eight video game stocks to buy: Sony (SNE)Source: Sundry Photography / Shutterstock.com When it comes to consoles, nobody can touch Sony (NYSE:SNE) and its iconic PlayStation. Late last month, Sony announced that its current-gen PS4 has sold nearly 103 million units worldwide. With exclusive licensing and a massive content empire, the future looks bright for SNE stock.In addition, with the PS5 scheduled for release in 2020, Sony has a vested interest in churning out crazy deals for this year's Black Friday. At multiple retailers across the U.S., you can buy the PS4 Pro edition for $299.99 as a doorbuster deal. Ordinarily, you'd be paying $400, so this presents a significant savings opportunity, bolstering SNE stock this November.However, keep in mind that Sony is much more than a member of video game stocks. Its multi-varied business units, including its digital optics and entertainment division, have clearly resonated with investors. So far this year, SNE stock is up over 28%. Microsoft (MSFT)Source: Shutterstock Although no one likes coming in second place, with video game stocks, it's not such a bad gig. Just take a look at Microsoft (NASDAQ:MSFT). While video games are not the only reason why MSFT stock has skyrocketed under Satya Nadella's leadership, they certainly helped.Since its debut six years ago, the current-gen Xbox One has sold well more than 41 million units. This easily places the Xbox within the top 20 most-popular consoles in history. And while this figure won't compete with Sony, like its rival, MSFT stock is a multi-dimensional investment. Whether you want it as reliable exposure to video game stocks or as a software powerhouse, MSFT does it all. * 7 Top Stocks to Buy for 2020 Since Microsoft is also prepping for its next-gen console, the doorbusters this Black Friday are phenomenal. The latest edition Xbox One X will be sold at $150 off its regular retail price. Thus, keep a close eye on MSFT stock this holiday season. Nintendo (NTDOY)Source: Nintendo Among video game stocks, Nintendo (OTCMKTS:NTDOY) doesn't get as much attention as the top two players. That goes for NTDOY shares in the investment markets as well. However, I think folks are missing out. On a year-to-date basis, NTDOY stock is up a whopping 47%.Its Black Friday promotions should help keep that momentum alive. One of the main highlights for NTDOY stock is the underlying company's hybrid console Nintendo Switch. A handheld gaming device for those on the go, the Switch transitions to an in-home console seamlessly. The Switch doesn't take itself too seriously, which appeals to many gamers.Although the doorbusters this year aren't as jaw-dropping as Sony's or Microsoft's offerings, they're still compelling. Nintendo is focused on bundling: for instance, you can get a Switch with the ever-popular "Minecraft" game for $298 at Walmart (NYSE:WMT). Compare that to the regular retail price of $329. Activision Blizzard (ATVI)Source: Lauren Elisabeth / Shutterstock.com Of course, no discussion about video game stocks is complete without mentioning Activision Blizzard (NASDAQ:ATVI). One of the originators of the first-person shooter genre, Activision's Call of Duty franchise is permanently embedded in the gaming industry's fabric. Moreover, with its latest edition, "Call of Duty: Modern Warfare," the company has reinvigorated its flagship series. This couldn't come at a better time for ATVI stock.As I argued recently, a few years back, Activision lost the plot with its Call of Duty games. Rather than emphasizing its gritty - and sometimes controversial - narrative-driven campaign modes, the company shifted toward futuristic scenarios. However, when they returned to its World War II-themed roots, Activision achieved record-breaking sales. We're seeing similar engagement with "Modern Warfare," lifting my confidence toward ATVI stock. * 7 Strong Retail Stocks to Buy for the 2019 Holiday Season As you know, shares are struggling to gain traction from last year's steep losses. This year's doorbuster sales will help. With Modern Warfare's "C.O.D.E. Edition" available for $38 (retail is $60), ATVI stock is well-positioned to benefit. Electronic Arts (EA)Source: rafapress / Shutterstock.com Another key player among video game stocks to buy, Electronic Arts (NASDAQ:EA) is also struggling to gain traction this year. In the latter half of 2018, EA stock veritably crumbled. On a YTD basis, shares are now up nearly 27%. Still, that doesn't quite remove the bad taste from last year. However, Black Friday deals should help significantly.Among the driving forces of EA stock is the game developer's lucrative licensing deals. As a prime example, Electronic Arts released "Star Wars Jedi: Fallen Order" this month. Naturally, this coincides with Disney's (NYSE:DIS) upcoming Star Wars film, which is going to break all kinds of cinematic records.Furthermore, EA Sports is a huge revenue generator due to its popular Madden and FIFA series. Sure, the gameplay may get repetitive for some players, but they keep on buying: basically, EA has a monopoly on authentic sports licenses.Plus, the company has big price slashes for Black Friday. Thus, you don't want to give up on EA stock prematurely. Take-Two Interactive Software (TTWO)Source: Thomas Pajot / Shutterstock.com Similar to top development-based video game stocks, Take-Two Interactive Software (NASDAQ:TTWO) dropped substantially in the final calendar quarter of 2018. With gamers gravitating en masse toward cartoonish games like "Fortnite," TTWO stock lost some relevance. In addition, gamers' increased adoption of the mobile platform didn't help matters.However, with the record-breaking popularity of Activision's "Modern Warfare," sentiment may be returning favorably for TTWO stock. After all, the company has developed a reputation for gritty games, such as its controversial Grand Theft Auto series. Moreover, its Red Dead Redemption 2 has earned Take-Two new fans.But it's not just blood and guts that underlines TTWO stock. Instead, Take-Two has invested in lucrative licensing deals to develop popular NBA and World Wrestling Entertainment (NYSE:WWE) games. * 7 Retail ETFs That Can't Wait for the Holidays Finally, the game developer should experience a nice Black Friday boost. A key standout is "Red," which will be sold at $29.99. Amazon (AMZN)Source: Ioan Panaite / Shutterstock.com While there's no feeling quite like popping a cap in someone's hind end for a PlayStation, understandably, it's not everyone's cup of tea. While Black Friday is an American tradition, many consumers would rather do their shopping online. Besides, Cyber Monday is likewise a huge event for e-commerce giant Amazon (NASDAQ:AMZN) and AMZN stock.Rarely have I participated in Black Friday, and I'm certainly not going to wait outside in the cold for a video game. For such purposes, I have Amazon.com. And as you'd expect, the king of disrupters has some big deals planned. Thus, while it's not a video game company - its streaming service notwithstanding - Amazon plays a massive role in the distribution. Therefore, I've included AMZN stock on this list.Furthermore, a compelling component of the bull case is the equity's lack of momentum. Since early August of this year, AMZN stock has been subdued. However, I have a hard time believing this will continue much longer. GameStop (GME)Source: Shutterstock Due to the emergence of video game downloads and subscription services, demand for physical gaming discs subsided. With that, brick-and-mortar retailers that specialized in those physical games, like GameStop (NYSE:GME), suffered badly. Yet a few months back, Michael Burry from "The Big Short" fame forwarded the bullish argument for GME stock.You can read my take on his arguments and see if you agree or not. But specific to Black Friday, I believe speculative bulls have reason for confidence in GME stock.When it comes to Christmas gifts, the physical platform lends itself well to the season's festivities. After all, there's no way to gift wrap a digital subscription. Moreover, digital gifts are tacky, sending the message that you didn't think about them until the last minute.Finally, GameStop offers a way for people to buy used games for very cheap. Obviously, you can't download second-hand games. For gamers on a budget, GameStop offers a surprisingly valuable service, thereby bolstering GME stock.As of this writing, Josh Enomoto is long SNE stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Using Artificial Intelligence to Outperform the Market * 7 Earnings Reports to Watch Next Week * 6 Retail Stocks Dropping Hard Ahead of Black Friday The post 8 Great Black Friday Deals for Video Game Stocks appeared first on InvestorPlace.
Once again, ‘Fortnite’ holds the title for the top grossing online video games of 2019. According to Nielsen’s Video Game Arm Superdata, Epic Games' 'Fortnite' earned $1.8 billion in sales. Yahoo Finance's On The Move panel discuss.
2019 revenue for the global video game market is forecast at $152 billion. That's a 10% increase from 2018. However, a new survey shows those in the industry see challenges ahead. EY's West Media and Entertainment Advisory Leader Scott Porter joins The Final Round to break it down.