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Billionaire Chase Coleman Has 6% of His Massive Portfolio in This Beaten-Down Tech Stock [Yahoo! Finance]
Last electronic arts inc. earnings: 1/30 04:01 pm
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US:NASDAQ Investor Relations: investor.ea.com
His portfolio, through the Tiger Global Management fund, is heavily focused on artificial intelligence (AI) today and counts several huge AI winners among its top holdings. There's a name that stands out in the fund's list of big holdings, though, and it's one that many growth investors will be familiar with. Coleman's portfolio holds Take-Two Interactive (NASDAQ: TTWO) as its fourth-largest investment, accounting for about 6% of the fund's assets. Let's look at what might have attracted the billionaire to this stock, and whether investors should consider buying it right now. Video game wins Take-Two is a video game developer, positioning it to benefit from the rapidly growing global digital entertainment industry. It is one of just a few large competitors in this space that includes Microsoft and Electronic Arts (NASDAQ: EA) In contrast with just a few years ago, video games are now much more stable sources of revenue and profits. Take-Two and its peers have transitioned to m
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