With the current generation of video game consoles starting to age, game developers were expected to have an unimpressive harvest in 2004. Instead, game-software sales were up about 9% through November, according to industry estimates. And in response to the better-than-expected results, stocks in the sector thrived.But with the next generation of consoles expected to debut in the coming year, developers might not be so fortunate. Software sales often have withered during past console transitions while development costs have mushroomed. Although industry executives have promised to do a better job of tending their businesses this time around, analysts disagree about how 2005 will turn out.
Game Makers Brace for Console Cycle
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.