Top 5 Video Gaming Stocks to Buy Now

  1. Electronic Arts Inc. (NASDAQ:EA)

Electronic Arts Inc. (NASDAQ:EA) is the fourth-ranked video game stock, being owned by 62 hedge funds, down from a peak of 79 in 2018. EA’s cash flow continues to surge, topping $2 billion for the trailing 12-month period ended September 30, which prompted the company to recently initiate a dividend for the first time and to launch a share buyback program.

Wedgewood Partners discussed EA in its Q3 investor letter, noting that while the pandemic tailwinds in the form of boosted engagement for key titles like Madden and Apex Legends may not last, the game publisher has numerous other growth drivers on tap, including the new console cycle and its Project Atlas game development platform. EA was the fund’s 11th-largest 13F holding on September 30.