MAY 11·Proactive financial news→
Take-Two Interactive named top US gaming pick by UBS on GTA VI optimism
UBS analysts have named Take-Two Interactive their top US interactive gaming pick, citing improving visibility for key franchise releases and long-term monetization trends, particularly with Grand Theft Auto VI. The firm maintains a 'Buy' rating and a $330 price target, predicting significant upside and robust economic returns from GTA VI's launch and the company's shift toward recurring consumer spending models. Despite recent sector weakness driven by AI concerns, UBS believes these fears are "overdone" for Take-Two, expecting strong fiscal 2027 performance.
APR 12·Insider Monkey▲
American Express Company (AXP): Mario Gabelli Likes This Payments Company
American Express (AXP) has been a consistent holding in Mario Gabelli's GAMCO Investors portfolio since 2012, though the fund has steadily trimmed its position over time. The company is favored on Wall Street due to its affluent customer base and unique position as both a card issuer and payment network, allowing it to capture more profit per transaction. Despite AXP's strong performance, the article suggests that some AI stocks offer greater promise for higher returns in a shorter timeframe.