Following a strange run in the gaming world that saw sales soar everywhere in the world apart from Japan, where there was a slight slump, investment consultancy Zachs says it has strong predictions for the sector.
Last year the company netted 101% capital returns on its predictions within and around the games market, and hope to increase on this success in 2002.
Zachs’ Chief Technologies consultant Arvind Bhatia has stated that he is expecting further growth from THQ, Electronic Arts and Activision and says that Take 2 and Midway should see substantial growth this year. Midway in particular is expected to grow to a target share price of $26