Below we present the list of Top 5 Video Gaming Stocks to Buy Now. For our methodology and a more comprehensive list please see Top 10 Video Gaming Stocks to Buy Now.
- Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
Some of video gaming’s biggest names enter the fray on the back-half of our list of top video gaming stocks to buy now, beginning with Grand Theft Auto developer Take-Two Interactive Software, Inc. (NASDAQ:TTWO), which was owned by 52 hedge funds on September 30. TTWO continues to trail rivals EA and ATVI in hedge fund ownership after several funds unloaded positions in Q3.
Take-Two has an attractive stable of core game series that includes Grand Theft Auto, Red Dead Redemption, and NBA 2K that provide a strong buffer while it pushes deeper into mobile gaming and esports and builds out a larger stable of offerings through initiatives like its recent $994 million acquisition of Codemasters. NBA 2K bookings grew by 23% year-over-year in Q3 (TTWO’s fiscal Q2) after the release of 2K21 in September.