Take-Two (TTWO) has been one of the best-performing stocks of my portfolio since July 2016. Over the years I have covered the company’s major developments many times, constantly reiterating and explaining my bullish thesis. Currently, Take-Two trades relatively close to its all-time high price, but its P/E ratio of 40.58x suggests that the company is overvalued relative to its peers that have an average P/E ratio of 24.75x.
Nevertheless, I do see a number of catalysts for growth that justify owning the stock. However, at the current market price, I consider Take-Two to