Coming to an epic conclusion with the introduction of a new console like spending a year heavily on video games SonyNo. (NYSE: SNE) PlayStation 5 (PS5). Other notable new releases for the period ending 2020 include FacebookNo. (Nasdaq: FB) C Cool’s Quest 2 for Virtual Reality and New Graphics Processing Units (GPUs) NVIDIA (Nasdaq: NVDA) For high-end PC and laptop gaming. Suffice it to say that the future for the video game industry looks promising, even after the COVID-19 epidemic is over.
There are three video game stocks worth watching in 2021 Corser Gaming (Nasdaq: CRSR), Nintendo (OTC: NTDOY), And Micro .ft (Nasdaq: MSFT). We asked Motley Flower contributors to comment on these three stocks:
Is A Gaming Hardware Pieces Esports Platform?
Nicolas Rosolillo (Corser Gaming): Most well-known gaming enthusiasts will know the company as a manufacturer of hardware access accessories and peripherals – everything from PC components to headsets to lighting. The company completed its IPO in September 2020 and is up nearly 150% since its public debut. This year it has gained momentum as social distance and remote work have created a little extra time for gamers at home, and the new NVIDII graphics cards and consoles accelerated by the new upgrade cycle could keep the Corser flying in 2021.
You may scoff at the idea of someone playing a video game called an athlete, but at one point a lot of people seemed to be paid to throw the ball. Like it or not, the Esports Movement is choosing Steam. Granted, Corsair is a hardware company, and the sale of devices could be a model of cyclical business. Eventually, the console upgrade cycle will slow down and so will Corsar’s revenue increase by 49% in the first nine months of 2020.
However, next year I will keep an eye on this video game stock is the bottom line. As it grows, Corsair is becoming more efficient. In the first quarter of the year, free cash flow (income less cash management and capital expenditure) was .95.3 million, compared to a negative $ 5.87 million in the same period last year. This advanced line can continue into the new year and beyond, as gaming becomes an increasingly important part of the entertainment industry.
Corsair is also building a more sustainable business to complement its sports-supporting business. Game-streaming equipment is its fastest growing segment and is complemented by two recent acquisitions. Is an application that turns an iPhone or iPad into a webcam; The second largest assortment coaching platform in the world is Gamer Sensei. I hate. If you think video games and sports will grow in popularity, Corsar Gaming should stick to your 2021 watch list.
Image Source: Getty Images.
Nintendo marches towards a bit of different drums
Anders Byland (Nintendo): The holidays are here and everyone wants a new PlayStation 5 (PS5) or Xbox Series X. Multi-year, console-refresh cycle strikes again. But Nintendo is missing from this year’s console party guest list, so why would I recommend a company that seems to step up with the rest of the industry?
The Japanese video gaming giant doesn’t like to play by the rules like everyone else. The Nintendo Switch was released in 2016, three years after the Xbox One and PS4. Nintendo’s semi-portable console has been the best-selling system on the market for 23 months. In November 2020, the company sold a record 1.35 million units. That impressive result was achieved on the faces of both Micro .ft and Sony, who were rolling out the new console in the first half of the month.
Existing switch and switch light systems have their place in the face of fresh competition. Nintendo also released some of the biggest hits in recent months Animal Crossing: New Horizons In the spring of 2020.
Rumor has it that Nintendo is putting a new console for the holidays of 2021, adding features like 4K graphics and a beaver central processor to the basic switch design. Even if Nintendo doesn’t really need to upgrade its hardware anytime soon, that’s a good idea.
The Switch lineup is different from Xbox and PlayStation products, offering a radically different gaming experience. Sony and Microsoft’s latest console weighs about 10 pounds. You will need a backpack plus a portable electric generator to play on the go. Oh, and don’t forget about their need for a TV screen. The entire switch system weighs less than a pound, and includes two controller pads and an integrated screen. These design choices allow game developers to come up with new ways to play, compete and collaborate when using switch systems. It’s like focusing on motion-capture controllers for the gorgeous old Nintendo Wii, which shattered sales records in the past day.
The company is an innovative cash machine, which continues to win in 2021 and beyond – with or without a new switch model. At the same time, Nintendo’s stock is trading at a rear-selling and 17-fold earnings-to-earnings-ben valuation ratio. The stock also offers a generous dividend yield of 2.7%. Nintendo is a great buy for investors of equal value and growth.
This Tech Blue chip should get an extra boost in 2021 with the new console
Billy Duberstein (Microsoft Microsoft Ft): One of the two big new consoles hitting the market this fall is the Xbox, built by Micro .ft. Microsoft actually released two new versions of the Xbox in November – a high-end X model and a low-cost, digital-only S version without a disk drive.
The latest launch seems to be a success. Management calls it the most successful Xbox launch ever. The S model was concocted to bring in the highest number of new Xbox users, which is likely due to its low price. Management also said that about 3,600 games were played during the launch, a record for any Xbox launch. Additionally, more than 70% of new consoles were paired with new Xbox Game Pass members.
Speaking of Micro’s Ftna Game Pass “Netflix (Nasdaq: NFLX) Gaming “F,” was first launched in 2017. Since then, Microsoft has added a bunch of new features to the “Ultimate” level of the game every month. Goes for 14.99. With Ultimate, gamers can access the EA Pass from Electronic Arts (Nasdaq: EA), Like another studio’s Netflix licensing show.
Additionally, Micro .ft recently added xCloud, which gives Game Pass Ultimate members the ability to stream games on Android devices.
Recurring-revenue subscription businesses are a sacred grail for tech and entertainment companies these days, as they favor investors on one-off consoles and personal game purchases. It looks like Micro .ft is taking advantage of its console and cloud business to create a more connected community of gamers and subscribers, which could give it an advantage over the same hyped new PlayStation 5.
Like Netflix, Microsoft is spending heavily on proprietary content, having bought several video game studios from the last Xbox in 2013. The trend began with a મિ 2.5 billion acquisition of Minicraft in 2014 and ended with a recent 7.5 billion acquisition. September, Bethesda Studios, the studio behind the favorite title The Elder Scrolls, To fall, And Doom.
Of course, the Xbox segment is just one of the few business lines on micro .ft. In the last quarter, gaming accounted for about 8.2% of revenue. However, it was the last quarter of the old Xbox console cycle. With the new console now appearing in Success and Bethesda Studios under the wing of Microsoft .ft, the rising Xbox segment 2021 and beyond may have enough content to help Microsoft maintain impressive mid-adolescent income growth rates.
