Zynga Stock Forecast: Why Zynga Is A Very Attractive Takeover Target

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Zynga’s stock popped as high as $4.50 last month after a rumor went around that it was a potential acquisition target. The stock has since retreated down to $3.60 levels.
  • Rumor or not, Zynga’s strong balance sheet and large presence in social poker and slots games makes it a very attractive buyout target.
  • China’s more stringent policy over video games means Tencent and/or NetEase needs to acquire international gaming outfits like Zynga to find new growth opportunities.
  • Zynga is now profitable and has a reliable moat from its poker and slots social video games. Upcoming Star Wars, Harry Potter, and Game of Thrones can boost its revenue.
  • Go long ZNGA only if you plan to hold it for a long time. I Know First has a bullish 1-year market trend forecast for this stock.

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Amazon Stock Forecast: Amazon Will Continue Muscling In On The $170 Billion Video Games Industry

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

AMZN Stock Predictions

Summary:

  • Amazon Game Studios recently cancelled its in-development Breakaway fantasy sports video game. It doesn’t mean Amazon is quitting the $170 billion video games industry.
  • Breakaway was likely only a showcase/demo title to demonstrate the all-in-one package capability of its Lumberyard game engine.
  • Amazon Game Studios will continue developing its other two games, Next World and Crucible. Crucible is currently a Battle Royale game that’s testing a 12-player limit.
  • Amazon has invested more than a billion dollars buying Twitch, Double Helix Games, and CryEngine license. Making its own Twitch-optimized games helps improve Amazon’s advertising business.
  • I Know First has negative market trend scores for AMZN. Wait for a cheaper entry-point before you take a long-term position on this stock.

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