Electronic Arts (EA) Shares Hit New 52-Week High, Gain 85% YTD by TechStockProspector


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									                                    Robert DeFrancesco’s
                            Tech-Stock Prospector
August 20, 2013

Electronic Arts (EA) Hits New 52-Week High, Gains 85% YTD

Electronic Arts (EA, $26.96) shares today hit a new 52-week high at $27.92. So far
this year, the stock is up 85%.

In the September 2012 issue of Tech-Stock Prospector, we wrote about how the
videogame maker was getting back on track, building up its free to play business
while still benefiting from its core group of older titles. At the time, EA shares were
trading at just over $14.

Today, EA announced that Plants vs. Zombies 2, which was released last Thursday in
the Apple App Store on a free to play basis, has been downloaded more than 16
million times worldwide, making it the most successful mobile game launch in the
company’s history.

The title represents one of the biggest opening weekends in the App Store ever for a
mobile game.

In its first five days, Plants vs. Zombies 2 jumped to the #1 game position in the App
Store in 137 countries on either the iPad or iPhone charts.

I have revised upward my EA price target. Tech-Stock Prospector subscribers
should see today’s Rob’s Journal at TechStockProspector.com

Read the August 2013 issue of Tech-Stock Prospector on your Amazon Kindle or
Kindle for iPad/iPhone reading app.

Here are some of the topics covered in the August 2013 issue:

*New Web Leaders: LinkedIn & Zillow
*Yelp’s expanding presence in mobile
*Why some big investors like OpenTable
*A look at a few tech IPO winners of 2013
*Tableau Software shakes up enterprise analytics
*Why Marketo shares doubled off the June low
*Gigamon offers high growth in the networking sector
*Cisco bulks up its security portfolio with Sourcefire purchase
*3 emerging names in IT security
*TSP Tech Disruptor Update: Ultimate Software
*Cornerstone OnDemand builds its cloud user base
*Riverbed Technology struggles to integrate OPNET acquisition
*Fortinet regains its footing in networking security
*Emerging growth focus: Tangoe flourishes in a tech niche
*Symantec’s turnaround story remains on track
*Aruba Networks regaining some competitive edge?
*Deal Report: FireEye IPO

Order the August 2013 issue of TSP here:

Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

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