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News   Video Game Stocks Surge to 52-Week High
- Posted By Michael Loewer, 05.02.2001

This article is for all you investors out there (which should actually be ALL of you, but that topic belongs in an editorial).

Stock company Credit Suisse First Boston began coverage of THQ, Take Two Interactive, and Activision on May 1st with "Buy" ratings. First Boston noted that the video game sector offered "growth and visibility found in few other places in today's market." The fact that video game companies are performing better than other technology stocks just goes to show what a powerful demographic gamers can be.

THQ (THQI:Nasdaq) hit a 52-week high of $42.16, up 10.3% in the midafternoon hours. It's assigned target price was $50.

Take Two Interactive (TTWO:Nasdaq) was up 7.7% with a target price of $20.

Finally, Activision (ATVI:Nasdaq) hit its 52-week high of $28.16 after rising 2.1%. Target price is $35.



Invest! You'll thank yourself later!

Source: The Street.com Network