CHICAGO, June 13, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Sony Corp (NYSE:SNE-Free Report), Facebook (Nasdaq:FB-Free Report), Microsoft (Nasdaq:MSFT-Free Report), Activision Blizzard (Nasdaq:ATVI-Free Report) andElectronic Arts (Nasdaq:EA-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday's Analyst Blog:
Video Game Stock Roundup
This year's annual video-game extravaganza Electronic Entertainment Expo (E3) mesmerized avid gamers with a robust pipeline of games. Held at Los Angeles from Jun 10 to Jun 12, the world's biggest video game show witnessed a plethora of new titles from all major game publishers.
Last year, at E3, Sony Corp (NYSE:SNE-Free Report) impressed gamers by showcasing PlayStation 4 (PS4). This year, it demoed Project Morpheus, their new virtual reality headset. Post Facebook's (Nasdaq:FB-Free Report) acquisition of Oculus VR, application of virtual reality in gaming, which received significant attention.
Sony's successful demo of the headgear will leverage its position in the video-gaming market. Although product development for consumer usage is expected to take significant time, Project Morpheus is projected to be a key long-term growth catalyst for Sony.
Apart from revealing a robust game pipeline, the company announced new console features like the PlayStation Now and PlayStation TV. PlayStation Now offers video game streaming service on PS3 and PS4. PlayStation TV is a device (selling price $99.0 in the U.S.) that allows gamers to play PS4 games on a remote television.
PS4 continues to be the leading console in terms of sales, although Microsoft's (Nasdaq:MSFT-Free Report) decision to lower Xbox One price is expected to benefit the Windows maker. Compared to last year, Microsoft had a much better E3 in 2014, with games becoming its primary focus. However, missing Halo 5: Guardians will negatively impact sales in 2014.
Nintendo also impressed at the E3 with a game line-up of Super Smash Bros and Zelda. Ubisoft's plan to launch popular Watch Dogs on Wii U in fall this year will boost Nintendo's sales. The company launched Amiibos figurines at E3, which are much similar to Activision Blizzard's (Nasdaq:ATVI-Free Report) Skylanders.
As anticipated, Electronic Arts (Nasdaq:EA-Free Report) announced the next installment of the Battlefield franchise,Battlefield Hardline, and launched the online beta at E3. Activision revealed Call of Duty: Advanced Warfare, Destiny and Skylanders Trap Team.
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
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