5 Best Video Game Stocks to Buy Now

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In this piece, we will take a look at the five best video game stocks to buy. For an industry primer and more stocks, do take a look at 13 Best Video Game Stocks to Buy Now.

5. Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Number of Hedge Fund Holders: 66

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is an American company with a host of development studios in its portfolio. These are responsible for some very popular games, such as the Grand Theft Auto lineup developed by Rockstar Games. The company is headquartered in New York, New York.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is the strongest candidate to successfully develop a metaverse, due to its existing game lineup offering a great platform for metaverse expansion. The company’s RP modification for the GTA franchise is already taking the first step in this direction, and GTA V, despite being a decade old, has sold close to 170 million units worldwide.

Goldman Sachs increased Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s share price target to $165 from $131 in October 2022, as it stated that headwinds are already priced into the stock. Insider Monkey took a look at 895 hedge fund portfolios for their Q2 2022 holdings and discovered that 66 had held a stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Out of these, Andreas Halvorsen’s Viking Global is Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s largest investor. It owns 1.9 million shares that are worth $245 million.



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