Electronic Arts Shares up 22% YTD: How Should You Play the Stock?
Electronic Arts(EA) ZACKS·2024-11-21 01:06
Electronic Arts (EA) shares have gained 21.7% year to date, outperforming the broader Zacks Consumer Discretionary sector’s return of 10.9%. EA shares have also outperformed the Zacks Gaming industry’s growth of 20.7% and its peers TakeTwo Interactive Software (TTWO) , Roblox (RBLX) and Nintendo (NTDOY) . Over the same time frame, shares of TTWO, RBLX and NTDOY have gained 15.6%, 14.2% and 1.7%, respectively.EA shares’ outperformance can be attributed to strong top-line growth, driven by increased demand fo ...