Investors may want to keep an eye on Take-Two Interactive (TTWO). The gaming stock could push even higher, as millions of gamers wait for the release of Grand Theft Auto VI—one of the most anticipated game releases.
TTWO could still push higher in anticipation of the Grand Theft Auto VI release. BMO Capital analysts also just initiated an outperform rating on TTWO with a price target of $200 a share.
As noted by TheFly.com, “The analyst says the company’s Grand Theft Auto is among the largest and most profitable entertainment franchises in history. The setup for GTA VI ‘looks exceptional’ as console sales surge after COVID-19-era supply chain issues were resolved in mid-2023, the analyst tells investors in a research note. BMO thinks GTA VI could sell 30M units in calendar Q1 of 2025.”
![🧐 In this video, Dylan discusses a recent Bloomberg article that sheds light on the hidden dynamics within the crypto market.
[Bloomberg Article - https://www.bloomberg.com/news/articles/2024-05-15/crypto-deals-kol-investors-get-big-valuation-discounts]
From influencers to financial gurus, many key opinion leaders (KOLs) are being paid handsomely to promote certain cryptocurrencies, often leading to classic pump-and-dump schemes.
🚨 Buyer Beware: If you're investing in crypto, it's crucial to understand the game being played. As Dylan's grandfather used to say, "If you don't know who the patsy at the table is, you're the patsy." This timeless advice is more relevant than ever in today's volatile crypto landscape.
📈 Whether you're a seasoned investor or new to the crypto space, this video offers essential insights to help you navigate these murky waters. Dylan is not here to debate the legitimacy or utility of cryptocurrencies but to ensure you are aware of the tactics used to manipulate the market.
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