Cramer Urges Buying Take-Two Before GTA VI Launch at Near $200 Levels
Jim Cramer recommended taking a position in Take-Two Interactive ahead of Grand Theft Auto VI’s launch, highlighting a recent pullback near the $200 level as a buying opportunity. He urged investors to buy now and add more shares if the price dips below $200 amid broader AI-driven industry weakness.
1. Cramer’s Buy Recommendation
Jim Cramer advised investors to buy Take-Two Interactive shares ahead of the Grand Theft Auto VI release, citing the recent dip toward $200 as an attractive entry point. He suggested purchasing some shares immediately and deploying additional capital if the stock declines below $200.
2. AI-Driven Industry Sell-Off
Cramer noted that fears over AI disruption, including tools like Project Genie enabling user-created games, have triggered a sell-off across gaming stocks. He argued that Take-Two, as the last independent U.S. publisher of major titles, remains a compelling value play despite the broader market pullback.