Shares of video game publisher Take-Two Interactive (NASDAQ: TTWO) went up 18.3% in November, according to data provided by S&P Global Market Intelligence. The numbers that Take-Two reported on Nov. 8 were objectively bad. Wall Street didn't seem to care, with most analysts upgrading their outlooks for Take-Two stock.
The market's volatility has pushed shares of quality companies well below their previous highs, but many of these companies have continued to grow, potentially setting up a timely opportunity to buy shares ahead of a rebound. If you don't have more important things to do with your cash (such as paying down high-interest-rate debt), here are three great stocks that could potentially double your money by 2030. Shares of Dutch Bros (NYSE: BROS) have underperformed this year, as traffic and sales slowed.
Take-Two Interactive's (TTWO) Rockstar Games released the first trailer for Grand Theft Auto VI early after it was leaked. Now, it's already set to break records on YouTube. Oppenheimer Senior Analyst of Emerging Technologies and Services Martin Yang joins Yahoo Finance Live to take a closer look at what the response to the trailer could indicate for the stock. Hang notes that there is no direct point of reference to suggest potential sales, but there are “indirect signals” such as likes, which have far exceeded past trailers. However, the game will not be released until 2025. Is it too soon to buy Take-Two now? Yang says no, "we're happy to hold a stock and buy the stock now,” noting that this is just the first trailer. As there is more promotion for the game and details released about gameplay, investors will be able to get a better idea of how the game will deliver long-term results for Take-Two Interactive. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.