Thursday, June 15, 2017 7:39:12 AM
THINGS COULD GET BETTER.
...STRONG CATALYSTS...HELP THEM DOUBLE BY AS SOON AS LATER THIS YEAR.
ZYNGA HAS SEEN TWO OF ITS BIGGEST PEERS GET SNAPPED UP LAST YEAR
ZNGA COULD BENEFIT FROM BUYOUT SPECULATION WITHIN ITS INDUSTRY…
...IT'S IN THE RIGHT PLACE AT THE RIGHT TIME...
DAILY AND MONTHLY ACTIVE USERS CLIMBING AGAIN AND PAYER CONVERSION RATES IMPROVING
IT ISN'T A SURPRISE TO SEE ZYNGA STOCK SURGING 44% SO FAR IN 2017
3 STOCKS THAT COULD DOUBLE YOUR MONEY
Rite Aid, ZYNGA, and Habit Burger are in different states of investor fancy, but all three could move higher if growth catalysts kick in.
RICK MUNARRIZ
TMFBREAKERRICK)
JUN 12, 2017 AT 11:23AM
A lot of stocks have been rallying this year, but the party doesn't have to end here. There are plenty of publicly traded COMPANIES THAT HAVE STRONG CATALYSTS THAT COULD HELP THEM DOUBLE BY AS SOON AS LATER THIS YEAR. Rite Aid (NYSE:RAD) has been dealt a bad hand by regulatory merger approvers, but there could be upside after the rubble. ZYNGA (NASDAQ:ZNGA) COULD BENEFIT FROM BUYOUT SPECULATION WITHIN ITS INDUSTRY…
ZYNGA
The company that went public at the time when its FarmVille and Mafia Wars titles were all the rage as social media games are starting to show signs of life. Revenue and bookings grew at a better-than-expected rate in its latest quarter, and Zynga is armed with $720.4 million in cash and short-term securities to ride out any lulls.
They say that mobile gamers are fickle, but Zynga's biggest financial contributor -- Zynga Poker -- has been around for a decade. The shift to mobile is working, now accounting for all but 17% of Zynga's top-line results.
WITH DAILY AND MONTHLY ACTIVE USERS CLIMBING AGAIN AND PAYER CONVERSION RATES IMPROVING IT ISN'T A SURPRISE TO SEE ZYNGA STOCK SURGING 44% SO FAR IN 2017.
THINGS COULD GET BETTER. ZYNGA HAS SEEN TWO OF ITS BIGGEST PEERS GET SNAPPED UP LAST YEAR, as Candy Crush Saga parent King Digital and Clash of Clans publisher Supercell were acquired at healthy markups. ZYNGA MAY NOT BE NEXT, BUT IT'S IN THE RIGHT PLACE AT THE RIGHT TIME...
Source:
https://www.fool.com/investing/2017/06/12/3-stocks-that-could-double-your-money.aspx
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