3 Growth Stocks to Buy as Video Gaming Takes Off Big Time [The Motley Fool]
GLU MOBILE (GLUU)
Last glu mobile earnings: 2/5 04:02 pm
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Source: The Motley Fool
Demand for video games has taken off in 00 as shelter-in-place orders and lockdowns instituted across the globe have kept people confined to their homes, forcing them to look for other ways to entertain themselves.Video games and e-sports analytics provider Newzoo estimates that the video gaming market could grow nearly 0% in 00 and hit a size of $7 billion, according to its latest forecast -- $.6 billion higher than its previous estimate. Newzoo also points out that the market's growth is here to stay, with revenue anticipated to hit close to $8 billion by 0.There are various ways to take advantage of this potential growth on offer, from hardware and chip vendors to game publishers. In this article, we are going to take a look at three stocks --Glu Mobile(NASDAQ:GLUUAdvanced Micro DevicesNASDAQ:AMDCorsair GamingNASDAQ:CRSRImage source: Getty Images. Glu MobileThe Newzoo report points out that mobile gaming revenue could account for nearly half of the overall market this year. Mobile
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