NTDOY - 2 Under-the-Radar Gaming Stocks You Can Buy and Hold for the Next Decade
2023-06-20 05:24:00 ET
The video game industry was estimated to be worth $182 billion in 2022, according to Newzoo. That's a large enough market for the top game companies to find ways to grow over the long term.
However, some top gaming brands don't get the attention they deserve, despite making some of the most played games in the business. That said, here's why the market might be severely undervaluing two of them: Nintendo (OTC: NTDOY) and Ubisoft Entertainment (OTC: UBSFF) (OTC: UBSFY) .
Nintendo is one of the classic gaming brands in the video game industry. The Japanese gaming company is known for many popular franchises, such as Zelda and Mario Bros. , but it's been a rough couple of years for the industry. After a spike in the number of people playing games during the pandemic, Nintendo and other leaders have experienced revenue pressure as many of those players put down their controllers.
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2 Under-the-Radar Gaming Stocks You Can Buy and Hold for the Next Decade