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    Don't Put Your Money In Video Game Stocks Quite Yet

    Wall-Street-Bull.jpg For the gamers who also have an eye on their portfolio, investing in gaming-related stocks is probably not the best gamble right now. Long term prognosis is good, but CNN Money reports on an analyst's thoughts on 'interactive entertainment' industry right now, and it's probably not the best option to beef up your portfolio. An exception is for some companies like EA, but in case you needed to be told, don't put any money in Take-Two.

    The broker started coverage of the video-game sector with a neutral rating. In a report, analyst Eric Handler noted that the market is growing, with new gamers attracted by "interesting hardware choices" that are driving "greater creativity" among video-game publishers.

    However, he added that slower sales of new consoles than expected and " overextended" company valuations will limit upside in the group for the near term.

    Financial stuff makes my head spin; I guess it's a good thing I'm going into a field where I'll be broke for the rest of my life, thus not having to worry about it.

    Video-game Stocks Have Limited Upside For Now, Lehman Say [CNN Money]


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