Gaming industry: How to level up your investments

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Michael Pachter Notícia

Electronic Arts,Video Game Industry,Wedbush Securities

The video game industry has taken a hit as layoffs have affected multiple companies. Video game stocks like Electronic Arts (EA) and Take-Two Interactive...

Wedbush Securities Managing Director Michael Pachter joins Yahoo Finance to give insight into the health of the gaming industry and what investors need to know when adding gaming picks to their portfolios.) merger, the UK regulators kind of stuck their nose in the middle of all of it, forced Activision to sell the global streaming rights to its content to somebody else and Ubisoft stepped in and astutely bought up those assets for not very much money.

Um And I think the thing I like about it this time around is that Grand Theft Auto Online, which is the free piece of that game has been built knowing GT A six is coming.I think you get a boost to the free to play game in front of the release of GT A six. We do and, and for a different reason, I mean, that you're right that their biggest selling game is maybe 1215 million units compared to Call of Duty at 35 and Grand Theft Auto at over 100.Um What we like about it is that they, they've kind of their lack of performance the last five years suggests that they're positioned to really perform well in the next couple of years, they've got a lot of content backed up and about to launch.

 

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