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EA's earned cash to spare.EA entered calendar 2021 having tons of money to reinvest or obtain top-notch studios like Glu to expand its dominance from the FUT Coins gaming market.The company generated $1.9 billion in free cash flow over the last four quarters.

The Codemasters deal is expected to close this month, while Glu Mobile must close throughout the June-ending quarter. Even after these two prices are total, EA will nonetheless have a few billion bucks' worth of money on the balance sheet together with almost $2 billion in free cash flow coming from every year.The addition of Glu Mobile will jump-start EA's growth in a mobile market that climbed an estimated 25 percent last year, reaching $86 billion in global revenue, according to Newzoo.In brief, this acquisition is a significant update for Digital Arts' cell game industry, which is the reason why the inventory jumped to a new top on the news.

Should you invest $1,000 in Glu Mobile right now?Before you believe Glu Mobile, then you are going to want to hear this.Investing legends and Motley Fool Co-founders David and Tom Gardner just revealed what Cheap FIFA Coins they believe are the 10 best stocks to allow investors to purchase right now... and Glu Mobile wasn't one of them.The online investing support they have run for almost two years, Motley Fool Stock Advisor, has beaten the stock market by over 4X. * And at this time, they believe there are 10 stocks which are better buys.