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2 Top Video Game Stocks to Buy Now

·4 min read
2 Top Video Game Stocks to Buy Now
In this article:
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  • CCOEY

The video game industry was unstoppable in 2020, with the Global X Video Games & Esports (NASDAQ: HERO) exchange-traded fund (ETF) soaring 90% last year, outperforming the S&P 500 by better than 5 to 1. In addition, a reopened economy has people out of their homes and enjoying other entertainment activities, so video game sales are not expected to be nearly as robust as they have been recently. Although the industry watchers at Newzoo forecast the video game market will decline this year for the first time since they began tracking it in 2012 -- it's expected to fall to $173 billion from last year's $177 billion -- it is expected to resume its expansion next year.