This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Is this mobile game maker a B-list player?

By Chris Lau for Kapitall.

Anyone who did not hear of the hit game, Kim Kardashian: Hollywood, would have missed the rally in Glu Mobile (GLUU). When Glu reported quarterly results, it factored slowing demand for the popular game over the next few months. The firm also made a big acquisition. With the stock peaking at $7.60 and dropping to a recent price of $5.72, the company is worth another look.

Glu boosted its revenue and earnings guidance. The firm still guided conservatively, because it factored in falling rankings for its Kim Kardashian game. The game maker continues to innovate, by improving the gaming experience with each revision.

Still, Glu is diversifying its reliance on hit releases, by developing a broader range of games across different genres.


Despite the higher quarterly guidance, Glu announced it was buying Cie Games for $100 million. Glu will pay for the acquisition with $70 million in stock, taking advantage of the appreciation in its share price. Just weeks ago, the stock traded at $3.50. Cie Games will add Racing Rivals to Glu’s title list.

Alternative investments

There are not many pure play game makers on the market. Investors could look at Electronic Arts (EA), Activision (ATVI) or Take-Two Interactive (TTWO). Of the three options, EA offers investors exposure to mobile games. Revenue from this channel is growing for EA, but the bulk of earnings still come from console and PC game sales.


Click on the interactive chart to view data over time. 


1. Activision Blizzard, Inc. ( ATVI): Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile games of interactive entertainment worldwide. Market cap at $14.67B, most recent closing price at $19.69.


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $117.52 7.90%
GOOG $691.20 -2.10%
YHOO $36.58 -1.00%
TSLA $247.54 -1.60%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs