This afternoon, Activision Blizzard Inc. (NASDAQ: ATVI) will report earnings. Investors are betting heavy that the company will top expectations of $0.24 per share. The stock is up 1.7% at the time of writing (2 p.m. EST, May 2).
Activision Blizzard is squarely in the center of a booming industry that emerged from almost nothing a decade ago...
So is Take-Two Interactive Software Inc. (NASDAQ: TTWO), the maker of Red Dead Redemption 2.
The e-gaming revolution is turning the hobbies of the 1980s in a $1 billion industry in 2019.
According to Statista, the industry is set to clear that benchmark this year. And the gaming analytics and market research experts over at Newzoo anticipate that the global esports market will surpass $1.6 billion by 2021.
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Today, we turn to the Money Morning Stock VQScore to identify the single best stock set to capitalize from the esports industry.
VQScore tracks the 1,500 most profitable companies and assigns each a score from 1 to 4. The higher, the better.
That score projects whether a stock is poised to break out, helping you earn double- and even triple-digit gains in short order.
This week, the VQScore system identified the single best esports stock to buy as we approach 2020 and beyond...
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