THQ, s Inc. (NASDAQ:THQI)’S new Wii exclusive item uDraw Game Tablet has reached the top slot in sales.
THQ Inc. (NASDAQ:THQI) Udraw Sells Out
In America (Nov 14th), one new Wii exclusive item was launched last Sunday by THQ Inc. (NASDAQ:THQI), and it is selling well. So well, in fact, that Udraw is presently sold out at Toys R Us and Wal-Mart.
Industry analyst Michael Pachter said “I think the market is reacting to a long-awaited hit, and their timing in front of holiday is really good… The only thing that will hold uDraw back is supply, as the company said it intends to make only 1 million or so this fiscal year. If it’s sold out, I’m sure they will find a way to increase manufacturing capacity.”
THQ Inc. (NASDAQ:thqi) company shares was at 4.79 at the end of the day’s trading on 11/19/2010. There’s been a 26.1% change in the stock price over the past 3 months.
If you believe this is a good time to make a play on the THQ Inc. (NASDAQ:thqi) stocks, make sure you take a look at this analyst advice, from a broad range of industry specialists:
Consensus Opinion: Hold
Mean recommendation: 2.73
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.68
Zack’s Rank: 4 out of 11 in the industry
We’ll be keeping a close eye on the THQ Inc. (NASDAQ:thqi) stock level for changes over the next few weeks.
http://www.stockbriefings.com/thq-inc-nasdaqthqi-udraw-sells-out/3176493
