Zynga Inc (ZNGA)

[Trevor11]

ZNGA: HEDGE FUNDS FANS OF GAMING STOCKS






THE SMART MONEY’S FAVORITE GAMING STOCKS...


THE KEY IS TO FOCUS ON THE SMALL-CAP PICKS OF THESE FUNDS, WHICH ARE USUALLY LESS FOLLOWED BY THE BROADER MARKET...


WE TRACK AROUND 750 HEDGE FUNDS AND INSTITUTIONAL INVESTORS. Through extensive backtests, WE HAVE DETERMINED THAT IMITATING SOME OF THE STOCKS THAT THESE INVESTORS ARE COLLECTIVELY BULLISH ON, CAN HELP RETAIL INVESTORS







HEDGE FUNDS-NEWS-TECH
HEDGE FUNDS WERE FANS OF GAMING STOCKS LAST QUARTER
PUBLISHED ON SEPTEMBER 13, 2016 AT 8:00 AM BY INSIDER MONKEY TEAM IN HEDGE FUNDS,NEWS,TECH


GAMING COMPANIES ARE SIMILAR TO MOVIE STUDIOS. Both industries depend heavily on core franchises to deliver the type of returns that investors expect. Both sectors also entertain hundreds of millions of people around the world. What separates gaming companies from movie studios, however, is that producing a computer/mobile game generally costs less than making a tent-pole movie and MAJOR GAMES CAN YIELD HIGHER MARGINS. Games can also go viral on little to no marketing spend, something that is rare in Hollywood.
Given those facts, let’s take a closer look at THE SMART MONEY’S FAVORITE GAMING STOCKS as of the end of the second quarter, which were Activision Blizzard, Inc. (NASDAQ:ATVI), Electronic Arts Inc. (NASDAQ:EA), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), ZYNGA Inc (NASDAQ:ZNGA), and Glu Mobile Inc. (NASDAQ:GLUU).

At Insider Monkey, WE TRACK AROUND 750 HEDGE FUNDS AND INSTITUTIONAL INVESTORS. Through extensive backtests, WE HAVE DETERMINED THAT IMITATING SOME OF THE STOCKS THAT THESE INVESTORS ARE COLLECTIVELY BULLISH ON, CAN HELP RETAIL INVESTORS GENERATE DOUBLE DIGITS OF ALPHA PER YEAR. THE KEY IS TO FOCUS ON THE SMALL-CAP PICKS OF THESE FUNDS, WHICH ARE USUALLY LESS FOLLOWED BY THE BROADER MARKET and allow for larger price inefficiencies.





... In late-June, the company introduced CSR Racing 2, and it plans to develop more mobile-focused games in the future. …WITH VIRTUAL REALITY AND AUGMENTED REALITY GAMES IN THEIR INFANCY, ZYNGA HAS ANOTHER CHANCE TO RECAPTURE SOME OF ITS MAGIC BY BEING AN INNOVATOR THROUGH THOSE PLATFORMS. 20 FUNDS THAT WE TRACK, UP BY THREE FUNDS QUARTER-OVER-QUARTER, WERE BETTING ON ZYNGA AS OF THE END OF JUNE…....


Source:

www.insidermonkey.com/blog/hedge-funds-were-fans-of-gaming-stocks-last-quarter-473827/