12 Best Video Game Stocks to Invest in Now

Of its many products, the iPhone is one of the most popular platforms for mobile gaming. It’s unclear if the current Congress will hold votes on legislation related to the dealings of lawmakers and their families on financial markets. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider.

The report goes on to further outline that this growth will be driven by the uptick in internet and cellular connections and government initiatives for projects such as smart cities. The company is also a leader in the fast-growing professional gaming market, where people play and compete for money. hire drupal developer, represented by the VanEck Video Gaming and eSports ETF , has underperformed the broader market over the past year. ESPO’s total return was -32.4% over the past 12 months versus the Russell 1000’s total return of -12.5%.

The law also prohibited the use of non-public information for private profit, including insider trading by members of Congress and other government employees. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities https://traderoom.info/ to improve. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares. You’ll need personal and financial details, like your contact and bank information. Finder makes money from featured partners, but editorial opinions are our own.

Announced its intentto purchase Activision Blizzard for $95 per share in the near future. The release of a new Call of Duty game alone can generate tremendous revenue for Activision Blizzard. This company is known for the Call of Duty franchise and other popular titles like World of Warcraft, Overwatch, Diablo, Guitar Hero, Candy Crush, Crash Bandicoot, and more. Electronic Arts stock has seen good growth since the pandemic but has leveled off some of late. EA’s core franchises appeal to very broad audiences, keeping them successful for a long time. EA creates and produces titles for various devices such as PlayStation, Xbox, and the Switch.

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Wedbush’s Michael Pachter said the company’s recently reported fourth-quarter results were “solid,” with revenue and adjusted EBITDA “roughly in-line with our estimates. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.

  • By the end of this year’s second quarter, 46 out of the 785 hedge funds studied by Insider Monkey had invested in the company.
  • Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks.
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  • With everyone forced to change their life overnight and entertainment access limited to digital channels only due to physical lockdowns, digital downloads experienced a bonanza.
  • Zynga is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.8 billion and employs 2,952 staff.
  • According to market research firm Grand View Research, the global video game market was over $195 billion in 2021 and is expected to grow at a compound annual growth rate of 12.9% through 2030.

SaaS or Software as a Service uses cloud computing to provide users with access to a program via the Internet, commonly using a subscription service format. A freelancer is an individual who earns money on a per-job or per-task basis, usually for short-term work. These market performance numbers and all statistics in the tables below are as of Sept. 20, 2022. Click to continue reading and see 6 Best Video Game Stocks to Invest in Now.

Best Video Game Stocks: Mobile Gaming

Eight of Rollic’s games have ranked first or second on lists of the most downloaded free app games in the U.S. Sheridan has a Buy recommendation on ZNGA and a $14.50 price target (42% upside). The company’s share price is down 4% over the last 12 months and only up 8% in the past five years.

video game stocks

He says Glu is expected to increase EA’s mobile games revenue by 60%; EA would expand the overseas reach for Glu, which currently gets 80% of its revenues from North America. Additionally, Electronic Arts boasts more than 600 million active users on its EA player network, where gamers compete online in the company’s popular sports titles. Microsoft owns Minecraft developer Mojang, Elder Scrolls developer Bethesda, and it agreed to acquire video game juggernaut Activision Blizzard in a blockbuster $70 billion deal.

Many consumers look back fondly on that generation of Sega and Nintendo, which spawned a culture of video game characters like Super Mario and Donkey Kong. Game development is typically complicated and resource-intensive, but the development studios of Take-Two’s top franchises have repeatedly delivered outstanding products. Take-Two is skilled at delighting players and sparking high levels of both engagement and in-game spending.

Best Video Game Stocks to Invest in Now

Nvidia was right at the forefront of the PC gaming market and has ridden its way to a very successful place as a brand. It’s one of the largest holding companies in the world, with a very stable portfolio. The company also owns WeChat, one of the most popular Chinese messaging apps.

video game stocks

Pachter, who rates ATVI at Outperform , raised his 12-month price target from $104 per share to $125, which implies 34% upside from current prices. As restrictions lifted, however, video game companies could no longer count on a captive user base at home. In addition, supply chain issues in recent months have depressed video game stocks. The root cause is supply chain bottlenecks that prevented video game companies from producing enough game console products to meet demand, including Sony’s PlayStation 5 console.

Apple is a leading tech stock best known for products like the iPhone, iPad, and MacBook. Google’s stock continues to steadily climb and, although expensive, looks to be a strong option. Google’s Android operating system is another top-rated platform for mobile gaming. The company’s games have a designated audience that is unlikely to stop paying attention anytime soon. This is a great gaming and tech stock to buy for a long-term investment. Tencent stock is at a bit of a low at present, making this a potentially great time to invest.

Nintendo Co ADR stock opened the day at $10.81 after a previous close of $10.70. Nintendo Co ADR is listed on the PINK, has a trailing 12-month revenue of around USD1.7 trillion and employs 6,717 staff. The best gaming stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time. Sometimes, a disaster is exactly what you need to get on the right track. Back in 2019, GLUU stock suffered a cataclysmic erosion of market value, dropping from above $11 to around $4.

The best time to buy a lot of shares at once is when the prices drop really, really low.The ideal time to buy is the stocks are trading around $30 and lower. If you can buy at $30 and sell at $60 you double your money on those trades & can then try to establish another position with those profits. Even the best video game stocks are starting to cool off after a white-hot 2020. That spells opportunity for investors wanting to get in on a promising longer-term trend.

Browse All Video Game Systems

Not only are its video game consoles performing well, but Microsoft also has a successful line of personal computers, tablets, and software products. GAME aims to track the performance of an Index that provides exposure to a portfolio of leading global video gaming and esports companies. The9 Ltd ADR stock opened the day at $12.00 after multibank group review a previous close of $11.61. The9 Ltd ADR is listed on the NASDAQ, has a trailing 12-month revenue of around USD$60.9 million and employs 74 staff. Zynga stock opened the day at $6.71 after a previous close of $6.64. Zynga is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.8 billion and employs 2,952 staff.

NBA 2K is part of an ever-growing international eSports league of 24 teams and big money to be had. Take-Two Interactive is another game developer with several successful games under its belt. The announcement caused ATVI shares to spike, and more reports in the coming weeks could have a similar effect. ATVI has mastered the art of a successful franchise, so it’s unlikely that its business will slow down anytime soon. ESportsmarket is also building a large global fan base that has the potential for enormous revenue.

Some of Zynga’s most well-known games are Words With Friends and Farmville. This device is a portable gaming system that can also connect with a TV for home entertainment. The success of this device led to explosive growth in Sony’s stock value throughout much of 2021. Sony released the PlayStation 5 in November 2020 to huge fanfare from the gaming community. While there are other companies that make gaming computers, Microsoft has a decades-long foothold in this niche. Microsoft is one of the world’s foremost computer technology companies.

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Electronic Arts’ June 2021 acquisition of Glu Mobile signals that the company is now aggressively expanding into mobile games. Consumers have been relying on video games for entertainment now more than ever. In 2019, the company launched its Apple arcade subscription service, including access to exclusive mobile games.

Plus, compare stock trading platforms that offer stock lending. Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks. Frankly, EA stock has similar underpinnings to vice stocks, which tends to arouse anger among many hardcore gamers. Still, my argument for Electronic Arts is that the company has the target consumer by the nether regions. I like companies with verticals , not necessarily companies with vertical consoles.

In fact, I’m preparing this gallery article with the help of a Logitech wireless mouse, which I absolutely love. However, what’s really attractive for LOGI stock is the underlying gaming controller business. But the gaming industry has changed dramatically from its humble origins. Today, it’s perfectly commonplace for professional athletes to train on computer simulators to improve their real-life craft. This is most evidence in auto racing, where gaming platforms can effectively simulate the overall experience.

This fantastic space will only continue to grow in the coming years, and getting involved now will let you join that growth. Zynga shares saw some downward momentum in 2021, but a recent announcement of a combination with Take-Two Interactive sent prices soaring. It is a pretty diverse company with multiple revenue streams to rely on and a sound business model.