Stock Groups

2 Video Game Stocks to Buy and Hold By StockNews

by Mike Robinson

[ad_1]

© Reuters. Two Video Games Stocks You Can Buy or Hold

The reopening economy in 2012 caused a significant setback for the videogame industry, however it will continue growing with the incorporation of new technologies and innovation. It could make sense to place your bets on the fundamentally sound stock Activision Blizzard, (NASDAQ:), and Electronic Arts (EA). As people spent less time away from home, the demand for videogames soared. However, the gradual reopening of the economy and an ongoing semiconductor shortage have hampered the industry’s growth this year.

Video games are expected to expand in the new post-pandemic climate, as they become increasingly immersive and more advanced thanks to continued innovations in virtual and augmented realities (AR). Techjury reports that the industry of video games will reach $100.56 million by 2024.

Activision Blizzard, Inc. (ATVI) and Electronic Arts Inc . (NASDAQ) can capitalize on industry tailwinds. We believe it would be smart to hold and buy these stocks.

Continue reading on StockNews

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]