NEW YORK, Oct. 21, 2013 /PRNewswire/ -- Take-Two Interactive Software (NASDAQ:TTWO: $17) has been picked by S&P Capital IQ as its Focus Stock of the Week. TTWO carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy. Take-Two Interactive Software is a video game developer that owns two renowned labels: Rockstar Games and 2K.
"The recently released Grand Theft Auto V broke sales records for a video game with global retail sales of more than $1 billion during its first three days of sales, according to Take-Two's estimates," said Jim Yin, equity analyst at S&P Capital IQ. "We expect a sales bump as we approach the Christmas shopping season. The 2K label recently released its market leader basketball simulation game, NBA 2K14. We believe this game series along with future titles from established franchises, such as Red Dead Redemption and BioShock, will help Take-Two have a steadier product release schedule, given that a major release of Grand Theft Auto comes out about once every four to five years."
To view a video of Mr. Yin discussing TTWO click on the following link. http://bit.ly/SPCIQ102113About S&P Capital IQ S&P Capital IQ, a part of McGraw Hill Financial (NYSE:MHFI), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. Evaluated pricing is prepared by Standard & Poor's Securities Evaluations, Inc., a part of S&P Capital IQ and a registered investment adviser with the U.S. Securities and Exchange Commission. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Valuations; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and fund research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need. For more information, visit www.spcapitaliq.com. For more information contact: Marc Eiger, Communications, Tel.: 212-438-1280 email@example.com All information provided by S&P Capital IQ is impersonal and not tailored to the needs of any person, entity or group of persons. Past performance is no indication of future results. S&P Capital IQ and its affiliates provide a wide range of services to, or relating to, many organizations, including issuers of securities, investment advisers, broker-dealers, investment banks, other financial institutions and financial intermediaries, and accordingly may receive fees or other economic benefits from those organizations, including organizations whose securities or services they may recommend, rate, include in model portfolios, evaluate or otherwise address.
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