Best Casino Stocks To Buy Right Now
Best Casino Stocks To Buy Right Now 8,9/10 4298 votes
Smart investors know that this is the right time to jump in and make merry. If you are interested in growing your portfolio via the endless possibilities provided by the gambling industry, we have the right stocks for you. Read on for our picks for 5 of the best gambling stocks you can buy right now. Caesars Entertainment Corporation (CZR). Best Hotel Stocks To Buy: When you think about stocks that perform well when the economy is up, consumer goods stocks probably come to mind, but they are not the only companies that tend to do well in a bull market. Stocks in other sectors perform well too. One of the chief industries to see a boost is hotel stocks. Investing in Hotel Stocks.
By Luke Lango
of InvestorPlace Activision (NASDAQ:ATVI) Take-Two (NASDAQ:TTWO) Electronic Arts (NASDAQ:EA) Nintendo (OTCMKTS:NTDOY) Zynga (NASDAQ:ZNGA) To no one's surprise, video game stocks are on fire right now. The novel coronavirus pandemic has forced everyone inside, and bored consumers starving for at-home entertainment are spending more time (and money) on video games. All of the best video game stocks I follow are up more than 5% year-to-date. The S&P 500, in contrast, is down 13% in 2020. This early 2020 strength in video game stocks is more than a near-term phenomena. It's the beginning of a multi-year run higher thanks to a rush of technological breakthroughs that will dramatically improve the industry's growth prospects in the early 2020s. Those breakthroughs include: 5G. Thanks to this new wave of wireless connectivity, video games -- especially video game streaming services -- will be faster than ever before, with almost no lag and significantly improved graphics. Artificial and virtual reality. Dramatic improvements in AR/VR technology, thanks mostly to 5G deployment, will enable every console and mobile game to include AR/VR capability of some sort. Cloud gaming. Also thanks to 5G, there will be huge breakthroughs in the ability for consumers to simply stream games from the cloud, without the need for hardware, or any installation, or any cables. Together, over the next few years, these technological breakthroughs will: 1) increase the number of consumers interested in gaming, 2) increase the amount of time consumers spend gaming, and 3) increase how much revenue and profit video game companies earn from gamers. All of that means that video game stocks can and will head higher over the next three to five years. As such, if you're looking for stocks to buy for big gains in the early 2020s, consider the best video game stocks: