Shares of Zynga (NASDAQ: ZNGA), Glu Mobile (NASDAQ: GLUU), and Tencent Holdings (OTC: TCEHY) have more than doubled over the last four years and could deliver more gains over the next decade.
The COVID-19 pandemic is keeping people indoors and driving gaming usage, which is why top gaming stocks are up year to date even though the broader market is down, but that's not the only reason to like these stocks.
Zynga, Glu Mobile, and Tencent can not only continue to grow revenue in the short term, but also stand to benefit enormously over time as mobile technology advances, making games on smartphones more interesting to play. Here's why investors should consider adding these stocks to their portfolios.