The Computer Software-Gaming group is hot right now: it’s ranked No. 2 out of the 197 industry groups that IBD tracks. And with the Electronic Entertainment Expo right around the corner, big name video game stocks are in the spotlight. The 21 stocks in IBD’s gaming group — including Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two Interactive (TTWO) — have collectively gained 48% so far in 2015. Electronic Arts has been on a big run,
With its battery Gigafactory under way, a new Tesla Energy division getting going and the Model X coming out soon, Tesla Motors (TSLA) is lining up financing sources. The luxury electric car maker and its Netherlands subsidiary have entered into a senior secured asset-based revolving credit agreement of up to $500 million with a group of big banks, according to a new Tesla filing with the Securities and Exchange Commission. The banks are Deutsche
Adobe Systems (ADBE) is expected to show continued momentum from its move to the Internet cloud when it reports fiscal second-quarter earnings after the market close Tuesday. The maker of digital media creation software has seen its shares rise this year on investor enthusiasm for its business transition. Adobe is seeing improving profitability after shifting the bulk of its creative professional customers from licensed software to subscriptions