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Is Now a Good Time to Buy Take-Two Stock?

Shares of Take-Two Interactive (NASDAQ: TTWO) are down 21% over the past year, as of Oct. That dip could be a timely opportunity to buy ahead of the highly anticipated release of Grand Theft Auto VI in November, but there's also a good reason to wait. Take-Two posted nearly $1. 4 billion in net bookings (an adjusted measure of revenue) for the fiscal first quarter ending in June, down 3% year over year, but above company guidance that called for $1. 37 billion at the high end.

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