Many video game stocks skyrocketed throughout the pandemic as people stayed home and played more games. The global gaming market is still projected to expand at a compound annual growth rate (CAGR) of 13.2% between 2021 and 2028, according to Fortune Business Insights, so investors should still consider gaming stocks to be solid secular growth plays. Gaming stocks will inevitably face some near-term headwinds this year as rising interest rates and other macro headwinds rattle higher-growth tech stocks. Read More...
Many video game stocks skyrocketed throughout the pandemic as people stayed home and played more games. The global gaming market is still projected to expand at a compound annual growth rate (CAGR) of 13.2% between 2021 and 2028, according to Fortune Business Insights, so investors should still consider gaming stocks to be solid secular growth plays. Gaming stocks will inevitably face some near-term headwinds this year as rising interest rates and other macro headwinds rattle higher-growth tech stocks.
Add Comment