GameStop’s Rise Is Just Noise – Here’s The Best Way To Play The Gaming Surge

Wall Street and Big Media were totally obsessed with the recent saga of GameStop Corp. (GME).

It’s easy to see why. Wealthy short-sellers took a run at the struggling retailer only to get their heads handed to them.

The story had all the elements of a thriller. Young upstarts using their mobile phones were taking on billionaires – and winning, at least for a time as GameStop soared an amazing 1,600%.

The CEO of Robinhood, a trading platform popular with young people, defended the firm’s actions during this episode at a Congressional hearing in what now appears to be a massive stock bubble.

Here’s the thing. The focus on GameStop’s trading frenzy obscured a very important and lucrative trend.

Fact is, computer gaming in the digital age is huge. Mordor Intelligence values the sector at $163 billion, which will climb 82% by 2026 to $295.6 billion.

Today, I’m going to show you a great way to play this trend with an investment that is beating the market by 79%…

Signal, Gamer Zone, Area Players, Signaling

Image Source: Pixabay

An Up-And-Coming Sector

Right now, the gaming industry is surging on the back of several trends. The Covid lockdowns of 2020 forced people to find their own entertainment at home, and many people turned to video games.

According to Simon-Kucher & Partners, the number of people who play five hours a week or more jumped by 30% over 2020 – and is expected to stay 17% higher after Covid goes away.

Meanwhile, video game sales in North America alone surged by almost 27% over the year.

Add to that the launch of the latest Xbox from Microsoft Corp. (MSFT) and Playstation from Sony Corp. (SNE) gaming consoles late last year which saw the consoles flying off the shelves, and you can see how the gaming industry is in a great position.

But there’s more to gaming than just the hardware and games themselves.

Over the last few years, the Internet has made video gaming an increasingly social pastime. Competitive gaming – commonly referred to as eSports, is becoming massive.

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