Sony saw earnings and revenue jump in its most recent report. The stock fell after the report, but it found support at an upwardly sloped trend line that connects the lows from 2020. The stock hit oversold territory for the first time since 2019.

Rising demand for consumer electronics for at-home entertainment has been driving the consumer electronics industry’s growth. With that, we think it could be smart to scoop up shares of these popular consumer electronics companies.

Many have pointed to video game growth being driven by the pandemic. Based on the strong sales from the new consoles and strong first quarter calendar sales for the segment, it appears that video games could have a strong 2021 ahead.

The U.S. videogame industry has been on a high ever since the COVID-19 outbreak.