Last year, the worldwide gaming market reached $162.32 billion. Between 2019 and 2020, global game downloads increased by 75%. In the same time period, the amount of time spent watching live streams increased by 45 percent. Stay-at-home and lockdown limitations have also benefited the video game business. The gaming industry is expanding at a breakneck pace. Last June, Electronic Arts recorded its best quarterly sales in the company’s 38-year history. During the quarter, the company reported a staggering 87 percent spike in net bookings, surprising everyone, including corporate leaders who claimed the June quarter was generally quiet.
Insider Monkey looks at the 11 best gaming stocks to buy now. The9 Limited is a Chinese internet company that specializes in cryptocurrency mining and generating original or licensed online games. In the last six months, the stock has risen 331.36%, and year to date, it has gained 130.66%. The9 Limited is a Chinese internet company that specializes in cryptocurrency mining and generating original or licensed online games. In the last six months, the stock has risen 331.36%, and year to date, it has gained 130.66%. Avid Technology, Inc. is ranked 9th. In the last six months, the stock has risen 148.71 percent, with a year-to-date return of 170.7 percent. SciPlay Corporation is a global social game developer for mobile and web platforms. On the list of the top gaming stocks to purchase right now, SciPlay is ranked eighth. Jackpot Party Casino and casual games like MONOPOLY slots are among the company’s offerings. Take-Two Interactive Software, Inc. is the seventh best gaming stock to purchase right now on our list. The company’s revenue of $784.53 million, up 7.56 percent year over year, was $115.91 million higher than expected. Nintendo Co. Ltd. is ranked 11th. By September, the business might have their next Switch console available, with production beginning in July. Nintendo is a company that creates and sells electronic entertainment items. For more details, click 11 Best Gaming Stocks to Buy Now.
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