5 Epic Video Game Stocks to Buy Now

Below we present the list of 5 Epic Video Game Stocks to Buy Now. For our methodology and a more comprehensive list please see 10 Epic Video Game Stocks to Buy Now.

5. NetEase, Inc. (NASDAQ:NTES)

Number of Hedge Fund Shareholders: 26

NetEase, Inc. (NASDAQ:NTES) is the publisher of more than 20 PC-based MMORPG’s, as well as a growing stable of mobile games. The company’s games are primarily developed for the Chinese market. In addition to its gaming division, NetEase also offers various e-commerce services, advertising, and various online platforms like a social music network and an online education platform.

While NetEase, Inc. (NASDAQ:NTES)’s core gaming business is doing alright, its future looks a lot less clear. Games must be approved by Chinese authorities before release, and those authorities have dramatically cut back on the pace with which they’re approving games in an effort to curb gaming addiction among minors. Major publishers appear to be getting singled out for exclusion, with several smaller publishers having games approved in recent months. NetEase was able to launch the already-approved Diablo Immortal in July, which could prove to be one of the company’s most successful mobile games going forward.

Hedge fund ownership of NetEase, Inc. (NASDAQ:NTES) sank to a four-year low in Q2, and has fallen by 41% over the past year, driven in large part by broader fears about investing in Chinese companies. Steve Cohen’s Point72 Asset Management and Ray Dalio’s Bridgewater Associates, two of the biggest names in the hedge fund industry, both unloaded their NTES stakes during Q2.