Take-Two Has a Great Quarter: Should You Buy?

Take-Two Interactive (TTWO), a video-game publisher whose competitors include Activision Blizzard (ATVI) and Electronic Arts (ERTS), reported excellent results for its latest quarter Thursday after the bell. The numbers sent the stock higher in the extended-hours session: Shares gained over 6%, rising to $12.68. Is it time to buy? Take-Two is getting interesting, I have to admit. I was bearish on the company back in July. Now, the recent price action and the strong stats have got me looking quite seriously at the bull case. Read the rest here.