Top Picks for 2016: Electronic Arts
01/21/2016 7:00 am EST
Our Top Pick for speculators from The Coolcat Stock Market Momentum Leaders Report is a company that develops video game software, explains Kevin Kennedy, editor of The Coolcat Report.
Electronic Arts (EA) is best known for its Sims, Madden NFL, and FIFA Soccer games, and it just released Star Wars: Battlefront video games.
The stock has been on a tear since the end of 2012, surging 373% in that span. It more than doubled in 2014 and rose another 46% last year.
Fiscal 2015 was EA’s fourth straight year with positive profits and the company has topped $1 billion in sales in five of the past seven quarters while building up more than $8 per share in cash.
Its EPS of $2.50 per share in the past year is expected to jump 42% to $3.54 per share in the next year, giving it a forward PE of 19.
Related Articles on STOCKS
As the world faces an increasing onslaught of new threats from biological and chemical weapons, viru...
Hologic (HOLX), a leading provider of mammography equipment and diagnostic services for obstetrician...
International Game Technology PLC (IGT) designs, manufactures, and markets electronic gaming equipme...