Electronic Arts: Going Against the Prevailing Sentiment

Our New York presenter still likes Electronic Arts (NASDAQ: ERTS, $16.60). The stock has fallen approximately 20% since early October when it was recommended. The presenter believes management sandbagged EPS guidance on the last earnings call and the company is highly likely to beat the forecast it provided. He is calling for a change at the top. The negative sentiment on the name and a possibility of a takeover are important catalysts going forward.