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Up 48% in 2023, Is Take-Two Interactive Stock a Buy?

Up 48% in 2023, Is Take-Two Interactive Stock a Buy?

Investors might have some unreasonably high expectations for Take-Two Interactive's (NASDAQ: TTWO) business. The video game publisher's shares are trouncing the market so far in 2023 even through declining sales and rising net losses this year. Let's look at a few reasons Wall Street is so optimistic about this stock's potential.