Top 5 e-Gaming Stocks to Invest in for Long-Term Profits

Introduction

With the rise of the e-gaming industry, many investors are looking for the best opportunities to invest. E-gaming has become a billion-dollar industry that doesn’t seem to be slowing down anytime soon, with new games and technologies emerging every year. With that said, in this article, we’ll go through the top 5 e-gaming stocks to invest in for long-term profits.

The E-gaming Industry Overview

The e-gaming industry is the fastest-growing sector in the entertainment industry, with an estimated valuation of over $159 billion globally. As more and more people engage in online gaming, the industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.4% between 2021 and 2026. The industry’s trajectory looks promising, making it an excellent sector to invest in.

The Top 5 E-gaming Stocks to Invest in

1. Activision Blizzard Inc. (ATVI): Activision Blizzard is a leading developer and publisher of video games like the widely known Call of Duty, World of Warcraft, and Diablo. The company has a diversified user base with a strong focus on mobile gaming.

2. Electronic Arts (EA): Another leading e-gaming company, Electronic Arts, develops and publishes popular games like FIFA, Madden NFL, and The Sims. The company is making strong moves in the mobile gaming industry, and they have partnerships with large sports organizations like the NFL.

3. Tencent Holdings Ltd (TCEHY): Tencent owns or has stakes in many of the top gaming companies globally, including Activision Blizzard, PUBG, Riot Games, and Epic Games. Tencent dominates the Asian market, which is expected to be the largest gaming market globally, with China accounting for two-thirds of the Asian gaming revenues.

4. NVIDIA Corporation (NVDA): NVIDIA is widely known for its high-performance graphics processing units (GPUs). They have a commanding presence in the e-gaming industry, especially in the development of virtual reality technology and high-quality graphics processing.

5. Take-Two Interactive Software Inc. (TTWO): Take-Two Interactive is a game developer known for producing fine video games like NBA 2K and Grand Theft Auto V. With the pandemic, the company saw a rise in revenue due to an increase in people playing games for leisure. The company also has plans to expand in the mobile gaming industry.

Conclusion

The e-gaming industry’s growth is undeniable, and investors who want to stake their claim in the sector must do so with the right stocks. Activision Blizzard, Electronic Arts, Tencent, NVIDIA, and Take-Two Interactive are some of the best e-gaming stocks to invest in for mid to long-term profits. By investing in these companies, investors can have a piece of the flourishing e-gaming industry and ride the wave of its expansion in the coming years.