Gaming has evolved from a pastime activity to become a career for some people and an educational tool for others. Gaming has produced some of the biggest global companies, such as Sony, Meta, Microsoft, and Tencent Holdings. How did companies like Microsoft and Meta get attracted by gaming? It must be the returns in this industry.
The global gaming industry generated about $183.9 billion in 2023. Even though you might not be able to build a company like Sony Interactive Entertainment or Microsoft Gaming, you can still become a part of the industry by investing in various gaming stocks. This article will explore some of the best gaming stocks you should track.
Microsoft Corporation
Microsoft is a tech titan in the gaming and computing worlds. Even though Microsoft has been in the gaming space for years, it was not until 2022 that it created the Microsoft Gaming division to solely focus on gaming.
Microsoft has several gaming products like Xbox Game Studios, Xbox Game Pass and Xbox Consoles. The company has also made big strides like acquiring ZeniMax Media in 2021. This means that titles like “Fallout,” “The Elder Scrolls,” and “Doom” are now under Microsoft.
NVIDIA Corporation
NVIDIA Corporation creates Graphics Processing Units (GPUs) intended for heavy computing in areas such as gaming and workstations. NVIDIA has various products like the GeForce series for gaming PCs. The company has also been partnering with various game developers to enhance effects and visuals. Its stock trades on the Nasdaq stock exchange with the NVDA symbol.
Evolution Gaming AB
Evolution Gaming is a leading provider of online casino gaming tech. This B2B company founded in 2006 and headquartered in Stockholm, Sweden sells gaming software to online casinos. The company serves clients from Europe, Asia, Latin America, North America, and the international market.
Evolution Gaming offers a large selection of various games. Through their acquired companies, for instance, they have thousands of slots available of different types. It all started with live casino studios, though. The group is the world-leading supplier of live dealer games for Canadian players and for the industry as a whole.
Sony Group Corporation
Sony Group Corporation is a Japanese-American company in the entertainment, gaming and electronics niches. Sony Interactive Entertainment (SIE), a subsidiary of Sony Group International, takes care of the gaming division. This company is best known for its PlayStation brand which contributes to about one-third of its revenue.
Sony Interactive Entertainment develops, publishes and distributes video games and console hardware. PlayStation 5 which appeals to gamers globally is the latest gaming console. Some of the games from Sony Interactive Entertainment are “The Last of Us,” “Uncharted” and “God of War.”
Nintendo Co., Ltd.
Nintendo is one of the oldest gaming companies as it was founded in 1889 as Nintendo Koppai. The company is headquartered in Japan but has a global appeal. This video game company develops, distributes and publishes video game consoles and games. Nintendo is a darling to family game lovers with its characters like Mario, Link, and Pikachu.
Nintendo has created various game franchises like The Legend of Zelda and Super Mario Bros. It is also known for gaming consoles like its classic NES (Nintendo Entertainment System), the portable Nintendo 3DS and the modern Nintendo Switch. Nintendo is a good stock for those looking for a well-rounded gaming company.
Electronic Arts Inc.
Electronic Arts Inc. is a big name in the video game industry as it publishes first-person shooters and sports games. Its games can be played across various devices ranging from PCs, mobile devices and PlayStation. The company was launched in 1982 and originally focused on publishing games created by third parties. However, it evolved and started producing its own games.
EA Sports is known for EA Sports titles (“FIFA,” “Madden NFL,” “NHL”), and racing games like “Need for Speed,” “Apex Legends” and “Battlefield.” EA Sports used to distribute its games through third-party platforms. However, it launched the EA App in 2022.
The gaming industry is expected to continue growing as game creators and innovators are working around the clock. However, the above companies’ stocks have stood the test of time and it is time you start tracking them if you intend to profit from the gaming industry.
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