You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Even the biggest video game companies aren't in a good position to make money long term.
Video game stocks got a lot of attention during the pandemic on the thesis that players would spend a lot more money gaming. But that didn't really happen, and now companies with little growth are priced like high-growth stocks. In the video below, Travis Hoium highlights why video game stocks do not look attractive right now.
*Stock prices used were end-of-day prices of Feb. 8, 2023. The video was published on Feb. 14, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, and Unity Software. The Motley Fool has positions in and recommends Activision Blizzard, Alphabet, Apple, Microsoft, and Unity Software. The Motley Fool recommends Electronic Arts and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
