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Electronic Arts

The other factor boosting ATVI stock is that sports-themed video games are actually threatening their real-life counterparts. Worldwide esports league revenues are growing at an average 50% rate since 2012. By the end of this year, industry experts predict that total esports tournament revenues will hit $906 million. Over the next three years, esports sales are expected grow an average of 22% annually, eventually hitting $1.65 billion in 2021. To put that into perspective, stock-car racing league NASCAR generates around Necktie An entangled medley of deep blue and light blue Notch YC6CQJ
. But as I mentioned in my write-up for International Speedway (NASDAQ: ), NASCAR is a failing sport . On the other hand, esports is on its way up. Therefore, it’s not inconceivable that in the not-too-distant future, NASCAR gaming tournaments will be more popular than real NASCAR.

International Speedway

With any radically different industry, traditional and conservative investors have fears about long-term viability. This is perfectly understandable, especially because ATVI stock has admittedly been choppy this year. But if the raw numbers didn’t convince you, perhaps a paradigm shift in society will. Last month, I wrote an InvestorPlace article about social-network company Huya (NYSE: ). Primarily, it Mini Flare Victoria Beckham KnLpX2Ffa
. And yes, it’s exactly what it sounds like: people watching other people play video games, and enjoying every minute of it. Before you criticize this phenomenon as a “Chinese thing,” bear in mind that this concept is repeated everywhere. Some of the most popular YouTube channels feature pro-gamers doing their thing. Why this is the case requires another article or five. For our purposes, it’s suffice to know that it’s a legitimate phenomenon. I think it’s worth repeating that ESPN, which prides itself in broadcasting real sports, has gladly transitioned to esports. For the older demographic, I probably sound as if I’m speaking Klingon. However you feel, don’t dismiss ATVI stock, or the video-gaming sector, as a fluke. In my opinion, we’ve only scratched the surface. As of this writing, Josh Enomoto is long SNE.

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Nothing in the markets can be taken for granted. But if you’re looking for sectors close to a sure thing, your best bets are blockchain, e-commerce and video games. Activision Blizzard (NASDAQ: )investors quickly found that out recently when ATVI stock shot up more than 3%.

Unlike what prior generations have witnessed, video games no longer represent solely a personal hobby. It can be that, of course, but today, video games have taken on a much more competitive outlook. Thanks to sector trends such as Le Corsaire Fendu Cropped Wool And Cottonblend Flared Pants Black Jacquemus 8tyuHNss
, you can’t call “professional gaming” an oxymoron anymore.

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