Top Wall Street analysts find these stocks promising for the long haul

As the earnings reporting season draws to a close, many companies were able to deliver solid results despite pressures on consumer spending.

Sebastian's robust bookings growth estimate is backed by the expected release of key titles – Civilization VII, Borderlands 4 and the much-anticipated Grand Theft Auto VI . Moreover, he expects the company's new console/PC releases to deliver about $2.25 billion in incremental bookings. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year.

"Beyond the next 12-24 months, Take Two should benefit from the long-tail of live services/catalog sales and further depth in the pipeline with sequels to Red Dead, BioShock and Max Payne, and perhaps new 2K sports franchises," said Sebastian. Anmuth further explained that while Netflix's ad tier is dilutive to its overall average revenue per member, the impressive 150% growth in the company's upfront ad sales commitments, greater scale and improved focus on ad formats and ad tech should drive higher monetization.

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