Monday, June 15, 2015 7:40:13 AM
By Investopedia | June 03, 2015
Buying Up The Best
...it will be able to continue to develop new games to replace older ones that begin to fade in popularity. Zynga has apparently anticipated this potential problem, and one of the facts that argues for its long-term success and stock price recovery is its aggressive attitude toward acquisitions. By buying up other game makers and acquiring the services of promising game creators,...
...In its brief history, Zynga has acquired over a dozen other online gaming related companies.
...Zynga got started late in making the shift to mobile applications, as compared to some other game companies, it has made substantial strides in catching up in this area. In 2015, the company projects mobile bookings to outpace online play.
Numbers Looking Up
...Finally, Zynga looks attractive purely from a long-term technical analysis viewpoint...
Source: www.investopedia.com/articles/markets/060315/why-zyngas-stock-should-be-your-radar.asp?partner=YahooSA
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