Electronic Gaming & Multimedia Stocks in the Spotlight ‎

There is a wide range of industry classifications for listed companies that can select ‎investment ‎opportunities of their choice. Gaming is one such field in the world of ‎investment that has achieved ‎enough momentum. A new generation of gaming and related ‎firms has flourished with the ‎advancement of technology, with younger demographics on ‎the rise worldwide. ‎

‎ Around the world, corporations are exploring innovative gaming concepts, developing new ‎types of ‎games to keep customers engaged, and making profits for themselves and their ‎shareholders. ‎
From cell phones to computers to PCs, Gaming companies are the latest betting destination ‎for those ‎who are bold enough to take a shot at the stocks of gaming companies.‎

‎ How many of the wide range of stocks in the gaming industry produced the highest returns ‎this year? ‎Which of those in the long list of gaming stocks was among the winners?‎

Activision Blizzard Inc. (NASDAQ:ATVI) shares were trading up 2.16% at $90.37 ‎at the time of writing on Friday.‎

Activision Blizzard Inc. (NASDAQ:ATVI) share price went from a low point ‎around $50.51 to briefly over $89.35 in past 52 weeks, though shares have since pulled back to $90.37. ‎ATVI market cap has remained high, hitting $68.37B at the time of writing, giving it price-to-sales ratio ‎of more than 8.‎

If we look at the recent analyst rating ATVI, Deutsche Bank upgraded coverage ‎on ATVI shares with a Buy rating and a $96.53 price target, which implies room for ‎‎6.16% upside momentum this year.‎

Bilibili Inc. (BILI) last closed at $84.68, in a 52-week range of $17.47 to $82.84. ‎Analysts have a consensus price target of $66.51.‎

Electronic Arts Inc. (EA) stock soar by 1.97% to $142.61. The company on ‎December 14, 2020 reported that it has reached an agreement with the Board of Codemasters for the ‎recommended acquisition of Codemasters, the UK-based game developer and publisher. The most ‎recent rating by JP Morgan, on December 16, 2020, is at a Neutral.‎

Glu Mobile Inc. (NASDAQ:GLUU) Shares headed falling, lower as much as -‎‎2.83%. The most recent rating by Goldman, on September 01, 2020, is at a Buy.

The9 Limited (NASDAQ:NCTY) rose 10.51% after gaining more than $0.33 on ‎Friday. The company on November 20, 2020 revealed that it will hold its annual general meeting of ‎shareholders at the 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s ‎Republic of China on December 22, 2020 at 2:00 p.m., Shanghai time.

Sea Limited (SE) last closed at $200.35, in a 52-week range of $35.61 to $212.33. ‎Analysts have a consensus price target of $202.94. The company on December 11, 2020 reported an ‎upsize and pricing of offering of American Depositary Shares.

Take-Two Interactive Software Inc. (TTWO) stock soar by 3.03% to $203.39. The ‎most recent rating by JP Morgan, on December 16, 2020, is at a Neutral.

Zynga Inc. (NASDAQ:ZNGA) Shares headed rising, higher as much as 3.43%. The ‎game developer company recently declared pricing of offering of $762 million of convertible senior ‎notes. The most recent rating by JP Morgan, on December 16, 2020, is at an Overweight.

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