Demand for video games has completely skyrocketed since the beginning of the pandemic. As more and more people stay home, with nothing to do, video games sound like a great pastime. Although we may think that it is something more common in younger kids – grown ups and people of all ages are starting to play video games more than ever. The industry, which was fairly small at the turn of the century, is now filled with so many companies that it is difficult to keep track of all of them. There are so many companies inside the gaming industry, and each one of them plays an important role.
Video Game Market
The video game market is set to continue to grow over the course of the next decades. As more and more people play video games, the industry’s future is looking brighter and brighter. Taking into account this trend, there are countless opportunities for investments in the sector. From video game makers, to companies who are involved in manufacturing peripherals. Another important trend we have seen build up is esports. Players compete just like in regular sports, but now with headphones and facing a screen. More than ever this exciting industry is growing, and some stocks in the sector are looking very appealing.
Razer
Razer is one of those companies that video gamers love. Their commitment over the years, has been to deliver a product made by gamers for gamers. This has really turned into reality, as more and more people look for Razer gaming peripherals. As investors we should consider looking into companies in the video game space. Razer stock is one of those companies. They are set to grow by a lot over the coming years. Video Game development can be challenging, and requires lots of capital. Gaming peripherals on the other hand, require less capital to produce. For that reason stocks like Razer, seem very attractive.
Razer’s Value
It is difficult to calculate the total value of a company like Razer, given its expected runaway growth ahead. At this point, Razer stock seems to be a value stock, given the expected growth over the coming years, and its valuation. Because of the expected growth it is difficult to analyze a stock like Razer. Investing in gaming stocks today could potentially create a lot of value, and provide investors with hefty returns. Given how loyal Razer customers are, the company should continue to be an important provider of competitive gaming peripherals. Gaming stocks are set to increase in price, and this might be the right change to get some exposure.