Rick Munarriz has provided a list of the top video game stocks to invest in for next year. According to a report from The Motely Fool on Dec. 29, the analyst disclosed that the gaming industry got a boost at the end of 2013 after several years of “declining sales.”
He revealed that the launches of the PS4 and Xbox One were the main reasons behind the financial success. The price cut of the Nintendo Wii U also had a positive financial impact.
Rick Munarriz went on to talk about several companies for investors to keep an eye on in 2014. The first of which is Activision Blizzard. Although “Call of Duty: Ghosts” was described as a “hit,” the company did not earn as much in 2013 when compared to previous years due to customers not buying anything from the publisher aside from “tentpole releases.” He believed that the third-party publisher should regain form in 2014, however.
The analyst also believed that Take-Two Interactive would be a wise investment. The parent company of Rockstar Games released the best-selling “GTA 5” this past year. Although the 2014 earning is expected to be lower, Rick Munarriz stated that this particular publisher has a history of surpassing targets. Furthermore, it may eventually be taken over by other companies.
Finally, he talked a little bit about the Microsoft. He believed that the Xbox One will be fueling the growth of the giant corporation, citing the Xbox 360’s previous success in the United States. The analyst was also bullish about the multimedia capabilities, including the original programming.
“GTA 5” came out on Sept. 17 while “Call of Duty: Ghosts” was first released on Nov. 5. You can find screens of both video games in the slideshow to the left of this article. On the hardware front, the PS4 launched on Nov. 15 and the Xbox One was made available on Nov. 22.