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Is Take-Two Stock Still a Buy After Earnings?

Is Take-Two Stock Still a Buy After Earnings?

Take-Two Interactive (NASDAQ: TTWO) delivered bookings and adjusted earnings per share that were better than the consensus analyst estimate. The overriding issue seems to be that investors were looking for a stronger outlook for the near term and management didn't offer that. This top game producer has reached a larger plateau of net bookings and players that it can build on to deliver market-beating returns to investors over the long term.