Why consider video game stocks ? If I had to boil it down into one word, it would be “culture.” Allow me to explain. For the longest time since the inception of digital entertainment, video games represented the near-exclusive domain of friendless nerds.
If you wanted to have a partner in life, you kept that stuff to yourself. But somewhere along the line, video games essentially became universal. In fact, if I had to point to a transition point, it was when females became interested in the endeavor.
Frankly, that changed the game. Basically, you can have your cake and eat it too. And what good cake it is.
According to Grand View Research, the global gaming market size reached a valuation of $217.06 billion in 2022. By 2030, the sector could be worth $583.
69 billion , representing a compound annual growth rate (CAGR) of 13.4%. Something tells me that this estimation is understated.
Whatever the case, the sector is hot. Here are three video game stocks to consider. Electronic Arts (EA) One of the biggest names in video game stocks, Electronic Arts (NASDAQ: EA ) may not be loved within the gaming community itself.
However, there’s no denying that the company is a sector powerhouse. What makes EA unique – and not just distinct – is that it holds prime licenses. Because of these licenses, it’s able to develop “official” games of storied sports leagues or entertainment content franchises.
That’s also what makes EA sometimes hated among true gamers. Because the co.