Video and stocks are one of the new stock sectors. Once upon a time these fell under the general tech stocks sector. But due to rising demand and popularity, eSports stocks are getting much more focus. Some of the top video game and eSports stocks involve the usual names associated with game makers. But there are also eSports stocks to watch focused on more of the “pick and shovel” angle.
This includes eSports venues, online streaming platforms, eSports accessories, and more. The new “athlete” doesn’t where a helmet. They wear a headset and they most likely aren’t old enough to go to college. But truth be told, professional e-gamers are getting paid millions if they’re good enough.
Why eSports Stocks?
Better yet, their fans are also shelling out money to support the gamers as well. For investors looking for eSports stocks to buy, it may seem foreign at this point. eSports has been around for decades.
However, it has just begun taking a professional spotlight. The fact that tournaments can be held virtually brings more access to the sector. People in China can compete with those in the U.S. without having to figure out massive logistics. While “gaming tech stocks” or “tech stocks for eSports” may be a previous search term used, eSports stocks are beginning to stand alone as their own market sector. Ironically, some of the top eSports stocks today could also be considered tech stocks or communications stocks as well.
2 Top Trending Gaming Stocks To Watch This Month
With video game play surging due to the coronavirus pandemic, is now a good time for investors to cash in on this momentum?