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VR, Fortnite, & Other Driving Forces Behind the Video Game Industry
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research. On this week’s episode, Ben Rains speaks with Ted Pollak of the ETFMG Video Game Tech ETF GAMR about the success of the video game industry and its future, from mobile gaming to virtual reality.
Pollak’s wealth of knowledge about the video game industry led him to the idea of an industry-focused ETF, which has performed very well.
The video game industry has grown immensely over the last couple of decades. More recently, the proliferation of mobile gaming, driven by the likes of Glu Mobile GLUU and industry giants such as Nintendo (NTDOY - Free Report) , has helped take the industry to heights few could have anticipated.
The big names like Nvidia (NVDA - Free Report) , Intel (INTC - Free Report) , Apple (AAPL - Free Report) , Sony , and Microsoft (MSFT - Free Report) will continue to benefit from their gaming presence. Meanwhile, video game-specific companies, including Take-Two Interactive TTW, Electronic Arts (EA - Free Report) , Tencent (TCEHY - Free Report) , and Activision Blizzard , should also be able to expand their offerings.
Looking ahead, the rise of esports and virtual reality-based gaming offers companies the chance to grow even more. The popularity of free games, such as Fortnite, and streaming content on Amazon’s (AMZN - Free Report) Twitch demonstrates how powerful professional video game players are these days.
Just last month, esports star Tyler Blevins—known as Ninja—had more social media interactions than soccer star Cristiano Ronaldo across Facebook , Instagram, and Twitter .
Make sure to listen to the full episode for more about the ETFMG Video Game Tech ETF and the future of the video game industry.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>