The market is virtually ignoring that Zynga (ZNGA) just beat Q3 estimates and raised bookings guidance for 2019 by $46 million. While Electronic Arts (EA) and Activision (ATVI) have struggled, Zynga continues to thrive with expectations for double digit organic growth in 2020. Until Zynga gets a similar valuation as this peer group, the stock is a hold. Disclosure: Long ZNGA