S&P 500 ^GSPC 5,071.63 +0.02%
Tesla TSLA $162.13 +12.06%
Nvidia NVDA $796.77 -3.33%
Amazon AMZN $176.59 -1.64%
Apple AAPL $169.02 +1.27%
Alphabet GOOG $161.10 +0.74%
Meta META $493.50 -0.52%
Microsoft MSFT $409.06 +0.37%

3 gaming events ready for the future of entertainment

Jessie Ramsdale
26. 3. 2024
4 min read

Video games are becoming the impetus for new technologies such as artificial intelligence and the metaverse. With each passing year, they become not only more entertaining but also more investable. Let's take a look at three gaming stocks that could be key for investors in the near future.

From streaming video to social networking browsing, home entertainment offers many options. However, video games still remain on the cutting edge, especially with new technology trends like generative artificial intelligence and virtual reality. This opens up new opportunities for gamers and investors alike.

Microsoft $MSFT+0.4%

Microsoft has pioneered innovations in artificial intelligence. It recently introduced a premium version of its AI assistant Copilot Pro for a monthly subscription fee of $20. This service builds on the strong foundation of the free version of Copilot and brings even more functionality to users. It is estimated that this new service could see significant growth, especially given Microsoft's leadership in AI.

MSFT

Microsoft

MSFT
$409.06 $1.49 +0.37%
Target Price
347.87 (-14.96% Downside)

Another investment opportunity for Microsoft is its Xbox gaming division. Late last year, it announced a gigantic move in the form of a partnership with Inworld AI, a company that uses generative artificial intelligence to develop games. This collaboration demonstrates a commitment to innovation and moving the games industry forward. Given the growing trends in the gaming industry, this initiative is expected to bring further success and growth to Microsoft.

MSFT

Microsoft

MSFT
$409.06 $1.49 +0.37%

Analyses suggest that Microsoft could continue to gain significant share in the AI and metaverse. With this growth and moving forward, $MSFT+0.4% stock is expected to be an interesting investment opportunity in the coming years. Although the past does not guarantee the future, Microsoft's trends and innovations suggest that the company has the potential to become amajor player in the global gaming industry.

Take-Two Interactive $TTWO+0.8%

Take-Two Interactive has become synonymous with the popular Grand Theft Auto series of games (GTA), and with the anticipation of the release of the sixth installment of the franchise in 2025, investors are full of anticipation. The company's 16% drop in earnings from a 52-week high has piqued the attention of investors, however, who did not let discouraged. Analyses show that Take-Two Interactive's stock price may offer interesting Entry points, especially in light of the upcoming game GTA 6which is expected to be a success.

TTWO
$142.83 $1.11 +0.78%
Target Price
166.25 (+16.40% Upside)

The company is also implementing a cost-cuttingprogram while investing in future growth. Given the data and analysis, it is clear that the strategy Take-Two Interactive focused on cost optimization and growth investments can yield compelling results for investors. While recent events may raise concerns, the company's overall potential for growth in the coming years remains attractive.

TTWO
$142.83 $1.11 +0.78%

With more information and previews of the new GTA 6 expected, Take-Two Interactive stock is expected to continue to be watched by investors around the world. Market watchers and analysis indicate that investment opportunities in this sector may offer interesting Returns given upcoming game titles and strategic decisions by companies like Take-Two Interactive.

Roblox $RBLX-3.7%

Roblox, as a gaming platform with its own ecosystem of user-generated content, is looking to reestablish its position. Despite a drop from its all-time high in 2021 the company is expected to continue expand. With new generative AI tools and a focus on the metaverse, Roblox is looking to attract both players and investors. Data shows that the company is moving towards growth and improving its market position.

RBLX
$34.97 -$1.33 -3.66%
Target Price
53.71 (+53.59% Upside)

Goldman Sachs analyst Eric Sheridan recently expressed a neutral stance on $RBLX-3.7%stock , highlighting improving margins and fundamentals. However, in light of the innovations unveiled at the conference Roblox Developer Conference and growing interest in the metaverse, investors are expected to keep a close eye on the company's progress. Aiming to become a key player in virtual reality and online entertainment, Roblox has interesting times ahead.

RBLX
$34.97 -$1.33 -3.66%

Perhaps the biggest draw for investors is the potential growth and the vision of Roblox as a platform for metaverse. With data suggesting a rising trend in the use of generative AI technologies and a growing interest in virtual worlds, Roblox is on track to regain its market position. Investors following this dynamic and innovative company could discover interesting investment opportunities in the near future.

Disclaimer: There is a lot of inspiration to be found on Bulios, but stock selection and portfolio construction is up to you, so always do a thorough analysis of your own.

Source.


Pass the article on, or save it for later.