The last few years haven't been kind to Electronic Arts (NASDAQ: EA) stock, as it has transitioned from a period of high growth to one of more modest expansion.
Along the way, the company has been hit with complaints regarding its in-game money-making techniques, competition from new free-to-play rival game makers, and a general industry transition to cloud-based gaming. Since peaking in mid-2018, shares are still down some 25%.
Things are beginning to look a bit rosier for EA, though, and a relatively inexpensive share price doesn't hurt the investment thesis. Then there's also the looming release of new gaming consoles and new technology to support game streaming. All of that bodes well for the game maker, and the stock looks like a solid bet as 2020 gets underway.