2024-09-12 00:37:23 ET
Summary
- The global video game market is projected to grow at a CAGR of 13% from 2023 to 2030, making it a compelling industry to invest in.
- Ubisoft's stock is undervalued due to uncertainties about its future, despite having strong IPs like Assassin's Creed and Far Cry.
- The company's reliance on a few key titles and inconsistent performance make it an unattractive investment, despite its cheap valuation.
According to Grand View Research , the global market of video games around the world is projected to have a growth rate of CAGR of 13% from 2023 to 2030, making it a market that should not only experience more demand and a larger player base but also be driven by the development of new technologies. This, together with the fact that it is very present in the lives of many, is attracting the attention of some investors who want to invest in this sub-segment....
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Even After The 48% Drop, I Won't Be Buying Ubisoft Stock
