Wall Street expects this gaming company to grow at more than 15% annually, over the next five years.
Electronic Arts (EA)
From Nate’s Notes
As you can see in the chart, Electronic Arts’ (EA) stock is another of the many in the newsletter that finds itself sitting within a stone’s throw of breaking out into new all-time high territory as this month’s issue goes to press. And though it could just as easily go down as up from here, it is one that I am watching closely for clues about where the market may be heading next.
Both Portfolios already own “enough” EA (it happens to represent 6.1% of each Portfolio at the moment!), but if you are still working on building a position, you are encouraged to look at new highs as a reason to buy rather than sell (as counterintuitive as it may feel!).
EA is a strong buy under $122 and a buy under $132.
Nate Pile, Nate’s Notes, www.NotWallStreet.com, 707-433-7903, March 2018