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Microsoft vs. Sony: Video Game Stock Throwdown
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After blockbuster deals from Sony and Microsoft, video game stocks look lucrative.
Consumers spend billions every year on consoles, accessories, computers and games … and the market is always growing.
A recent study by Juniper Research found that the global video game market was worth $155.9 billion in 2020. It’s projected to grow to $268.8 billion by 2025 — a 72.4% expansion in just five years.
U.S. consumers accounted for $32 billion (20%) of those purchases in 2020 alone!
The competition for market share just ramped up in the last few weeks.
In this episode of The Bull & The Bear, I tell you the best way to profit after Sony Group Corp. (NYSE: SONY) and Microsoft Corp.’s (Nasdaq: MSFT) massive acquisitions.
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