With a new video game set to make a splash in China, Vancouver-based Axion Ventures (TSXV:AXV) is positioned for a big jump in revenue, says analyst David Kwan of PI Financial, who in Thursday earnings update reiterated his “Buy” rating with the increased target price of C$1.50. Video game and IT investment company Axion released […]
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Quantum International Income Corp has 112% upside, says Paradigm Capital
Quantum International Income Corp (TSXV:QIC) is building itself a veritable free cash flow machine in Lucky Bucks, says Kevin Krishnaratne of Paradigm Capital. In a coverage launch on Thursday, the analyst gives Quantum International Income a “Buy” rating with a 12-month target price of C$2.25, representing a projected return of 112.3 per cent at the […]
US Supreme Court ruling is a clear win for The Stars Group, this portfolio manager says
The Stars Group (TSX:TGSI) keeps turning up aces, as the United States Supreme Court just struck down a 25-year-old ban against state-authorized sports betting, opening the doors for gambling companies like TGSI to dip into a US$150 billion sports betting industry in the US alone. That’s a hands down win for the Stars Group, says […]
theScore has 169% upside, Mackie Research says
With a summer potentially full of regulatory catalysts, Mackie Research Capital analyst Nikhil Thadani thinks now is a good time to be looking at theScore (TSXV:SCR). In a research update to clients today, Thadani maintained his “Buy” rating and one-year price target of $0.35 on theScore, implying a return of 169 per cent at the […]
Gaming stock Axion Ventures is undervalued, PI Financial says
The completion of a closed beta test for its impending game “Rising Fire” has PI Financial analyst David Kwan feeling bullish about Axion Ventures (TSXV:AXV). On Friday, Axion Ventures announced it had completed closed beta two testing of its third-person shooter game “Rising Fire”. “Our retention rate improved 18 per cent to 54.09 per cent […]
Gaming stock KuuHubb has 413% upside, Echelon Wealth Partners says
With an eye towards expansion into Asian markets and an experienced management team able to get the job done, mobile game and lifestyle company KuuHubb Inc. (TSXV:KUU) is a small cap Top Pick for Ralph Garcea, analyst with Echelon Wealth Partners. On Wednesday, Garcea reiterated his “Speculative Buy” and target of C$4.00 for KUU. Last […]
Jackpotjoy has a 47 per cent upside, says Echelon Wealth
Despite mixed fourth quarter 2017 results, Jackpotjoy’s (JPJ:LON, TSX:ITX) expansion plans and prospects for improved cash flow going forward merit a target raise, says Ralph Garcea, analyst with Echelon Wealth Partners, who on Wednesday reiterated his “Buy” rating and upped his 12-month target price to £13.00/C$23.00 from £12.00/C$20.00. Online gaming company Jackpotjoy announced its Q4/17 […]
Electronics Arts stock is not the layup it was, this fund manager says
The stock has approximately doubled in two years, but one fund manager says those now looking at playing Electronic Arts (NASDAQ:EA) should have a much longer time horizon than that. Jason Del Vicario, a portfolio manager at HollisWealth, was on BNN’s Market Call Monday and fielded a call about the video game pioneer. The PM […]
KuuHubb has 170% upside, Echelon Wealth Partners says
Better than expected results from KuuHubb (TSXV:KUU) have Echelon Wealth Partners analyst Ralph Garcea feeling bullish about the tech junior. This morning, KuuHubb issued an update on its financial performance, offering a unaudited sneak peek at its Q2 numbers. The company estimated revenue at (U.S.) $6.2-million and noted that its monthly active users had reached […]
The World Health Organization is now tracking video-game addiction. But is it real?
The World Health Organization is about to release the 11th edition of its diagnostic manual, this one for the first time to include video gaming disorder as a mental health condition. The long-anticipated revision of its International Classification of Diseases, a worldwide standard for diagnostics (comparable to the Diagnostic and Statistical Manual of Mental Disorders […]
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