In this week’s edition of The Bull & The Bear, I talk about the explosive growth of the video game industry and give you one mobile gaming ETF to buy.
I’ve been on a gaming kick lately. Not playing — researching them as potential investment opportunities.
Earlier this week, I wrote a piece recommending a stock to capitalize on the gaming industry boom.
After I wrote that, I decided to dig a little deeper into gaming.
What I found was pretty telling (more on that in a bit).
There’s a segment of the gaming market that’s fueling this massive boom.
It’s a segment that makes so much sense, it’s a wonder it isn’t talked about more.
I’m talking about the mobile gaming sector (think games for your phone or tablet instead of a video game console or computer).
In this episode of The Bull & The Bear, I explore how mobile gaming is shaping the broader video game market and give you a way to invest in the sector to profit from this ongoing boom.
All the Rage: Mobile Gaming
I read a story this week about video game giant Electronic Arts Inc. (Nasdaq: EA) paying $1.4 billion to buy mobile game studio Playdemic.
The announcement came a few months after EA spent $2.1 billion to buy Glu Mobile — another mobile game producer.
So, I did some digging and found out why a company like EA — deeply entrenched in console and PC video games — would take a giant leap into mobile games.
Mobile Gaming Market Blowing Up
In 2011, the mobile gaming market was valued at just $2 billion in North America.
By 2022, that market is expected to be valued at more than $29 billion — a 1,350% jump in 10 years.
That is a massive boost in the sector in a short amount of time.
I have a way to capitalize on this booming trend, and I’m going to share it with you in this episode of The Bull & The Bear.
Pro Tip: Adam O'Dell and co-editor Charles Sizemore recommended another video game stock to Green Zone Fortunes readers in February. The stock is still below their buy-up-to price, and they believe it has the potential to more than double in the next two years. Click here for the details on how you can join the premium service today.
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Safe trading,
Matt Clark, CMSA®
Research Analyst, Money & Markets
Matt Clark is the research analyst for Money & Markets. He is a certified Capital Markets & Securities Analyst with the Corporate Finance Institute and a contributor to Seeking Alpha. Prior to joining Money & Markets, he was a journalist and editor for 25 years, covering college sports, business and politics.