The industry is getting no love in 2022 but has a lot of tailwinds that are going to work in its favor over the next 10 years.
Take-Two Interactive Software Inc said on Wednesday that a hacker had gained access to the help desk platform of its unit 2K Games and sent a malicious link to certain customers. The company urged users not to open any mails or click on any links received from 2K Games Support account and to reset passwords in case they had already clicked on the link. The support account of 2K Games - the studio behind hit titles such as "NBA 2K" and "Borderlands" - will remain offline while it continues to address the issue, Take-Two said.
The video game industry has suffered along with most other sectors over the past year, but that doesn't mean that there aren't a few great companies worth adding to your portfolio right now. Investors looking for a few gaming stocks that could end up being good long-term investments should look no further than Take-Two Interactive (NASDAQ: TTWO), Electronic Arts (NASDAQ: EA), and Microsoft (NASDAQ: MSFT). If you're unfamiliar with Take-Two, you may recognize some of the company's tentpole gaming franchises, including Grand Theft Auto, its Red Dead series, and the company's NBA 2K series.