I agree with Zukaus on NTDOY. I would add that they have a stunning $8 Billion in cash and no long term debt. Another stock I would buy on dips is Ubisoft (UBSFF). On a price to sales basis, the stock is dirt cheap. ATVI trades at a P/S of 4.23, while UBI trades at 2 times sales. I'll take Ubisoft's lineup of games vs. Activision's any day. Furthermore, UBI has a goal of doubling their revenues by 2010 and their management has typically under-promised and over-delivered. With Tom Clancy's End War and Assassin's Creed being added to an already potent lineup for FY08, they seem to be on track. UBI has strong insider ownership with the CEO's family owning 15%, EA owning 18% and Fidelity owning another 11% (outstanding shares are only 45 million shares). Buy the dips on Ubisoft and NTDOY. Disclosure: I've been long both for a while.
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Disclosure: I've been long both for a while.