Top 5 Esports Stocks You Should Buy Right Now

Published on August 6, 2019 6:18 AM

(SI Newswire) Electronic sports, also known as esports, are a type of competition in the form of video games. It’s one of the emerging industries today, which explains why so many people are interested in investing in esports stocks. In fact, the revenue from esports reached $1.1 billion this year. Before you invest in esports stocks, it’s recommended to know which stocks you should buy.

Below are some of the top esports stocks to buy, as the industry is expected to grow continuously in the coming years.

1. VanEck Vectors Video Gaming and eSports ETF (ESPO)

As the first ETF in the esports industry, VanEck Vectors Video Gaming and eSports ETF (ESPO) provide a lot of diversification for investors. ESPO is a great choice for any investors looking to invest into esports stocks as the ETF tracks the performance of video game development, esports, as well as related hardware and software. The diversification allow investors to mitigate the main risks of investing into esports which is the high volatility within the gaming market.

2. Take-Two Interactive Software (TTWO)

It’s clear to see why Take-Two Interactive Software is fast-becoming the leader in this new field of entertainment. This company is behind the franchise of the popular NBA 2K, a basketball video game series that teamed up with the National Basketball Association. Enjoying an online viewership of 243 million, the game is expected to get even bigger in the coming years. TTWO greatly benefits from the hugely successful NBA 2K video game, which is why it deserves to be on top of this list of the top esports stocks today.

3. Nvidia Corp. (NVDA)

Nvidia is an American computer game company that designs and produces GPUs for the gaming industry, including chip units used for mobile computing and automotive. Most of the competitive gamers of today rely on the hardware that runs on Nvidia’s chips. In fact, they are the leading provider of hardware used for various esports leagues. As of now, the products of Nvidia remain to be a must for serious gamers, making them one of the top esports stock to invest in 2019.

4. Activision Blizzard (ATVI)

Activision Blizzard is another American video game company that is doing quite well in the world of gaming lately. However, the company’s revenue fell during the first quarter of this year. The good news is that the other aspects of the business have grown significantly. For instance, they earned generous revenue from the Overwatch League, a professional esports league organized by Blizzard Entertainment. Recently, they made a deal with Walt Disney, which saw the revenue jump to 28% during the last quarter. While this might just be a small percentage of the company’s overall revenue, it’s still more meaningful compared to what it was in the previous year.

5. Electronic Arts (EA)

Electronic Arts is another developer of blue-chip video games, whose main franchises include the FIFA line of video games, as well as the Madden NFL series. In the previous year, more than 45 million players signed up for the FIFA 18 and FIFA 19. The company is said to be in the process of developing a streaming video game platform that will give gamers the chance to compete worldwide using all sorts of devices. Electronic Arts is planning to offer its popular games on this service, along with other games made by third-party companies, making it somewhat similar to Netflix but in terms of competitive gaming.