By Rebecca Lake
Even though the gaming sector made a strong showing in 2018, several gaming stocks are delivering deep discounts for value investors. Daniel Lugasi, founder and portfolio manager at VL Capital Management in Winter Park, Florida, points to EA as a go-to choice. “The stock is currently trading at a forward price-to-earnings ratio of 20 times earnings, which is a significant discount from a few months back when it was trading well over 26 times earnings,” Lugasi says. Forward P/E represents a current stock’s price over its predicted earnings per share. Overall, the stock’s price has declined more than 40 percent in recent months. But future prospects are bright as EA prepares to launch a cloud-gaming service.