Remember when video games were just for kids?
Growing up in the 70s and 80s – or what the Gorilla considers to be one of the most awesome times to be alive – video games were just coming into prominence.
The popularity of the arcade game, Pac-man, really seemed to ignite a passion for playing digital games here in America – and those that were able to capitalize off that passion – become some of the richest people in America, if not the world.
That said…
Video games are STILL making people rich – and investors in the know could find themselves at the right end of a profit windfall.
Something BIG is about to happen in the industry – and those who act now could get the chance to walk away with fat pockets…
Will you be one of them?
Here’s the thing…
While the Gorilla recognizes the fact that video games aren’t just for kids anymore – if there is one thing I can tell you with absolute certainty is – I’m not now, nor will I ever be, a gamer.
Not that I don’t enjoy playing here and there – as technology has really come a long way since I was a kid and Atari was the gaming console in every household…
It’s just I don’t have the kind of time needed to spend to become any good at playing the games of today – and why play if you’re not going to try and be the best?
And it’s a shame too…
There are people winning MILLIONS playing video games every year as what was once a hobby has become a profession that nobody could have predicted.
In fact, gaming or “eSports” as they’re calling it now, is not only a multi-billion dollar industry – but colleges are now giving scholarships to kids to come play for their team.
So, it makes sense that it’s something that investors should be paying attention to…
If anything, just so we can see where to make buck in this almost exponentially expanding industry.
It’s funny, before the 90s if you wanted a REALLY cool gaming experience – you had to head to your local mall with a roll of quarters – as most the video game consoles that emerged before then were a bit… well, cheap.
Sure, you could play fun games – but the difference between the graphics on your Atari, Intellivision or even the Nintendo – wasn’t even comparable.
However, in the late-90s and early-00’s – two companies came out with gaming consoles that changed the industry…
Sony’s (SNE) Sony Playstation and Microsoft’s (MSFT) Xbox.
These two companies alone are the reason we have millions of kids sitting inside on a beautiful day – playing FIFA Soccer, killing zombies or racing cars…
And while their growth has be incredible – the lockdown due to the pandemic has really kicked things into overdrive.
We all know how valuable these companies both are…
But it seems like one of these companies is about to get a little boost in its share prices – as it has something BIG coming down the pike.
Sony (SNE) is having a VERY good year…
As this electronics GIANT has incredible diversification – branching out to not only electronics, but are big names in the music, film and television industries as well.
Which may be why they’ve had a great 2020 while so much of the rest of the world has had to bite and claw their way to any kind of real business…
In fact, recent quarterly earnings showed a 57% jump in earnings per share on a 25% increase in quarterly sales year-over-year.
This is BIG…
And a big part of that jump was because of increased demand in video games due to the pandemic and officials from the company stated that they expect the company’s games and network services branch to jump 26% from 2019.
Sony’s video game sales climbed 82% year-over-year, with 74% of those sales coming from digital downloads…
Meaning that just as healthy prospect for your portfolio – Sony would be a great addition with all this going for them.
But – like I said earlier – there’s something BIG coming down the pike for Sony…
As the company plans to release its latest console – the PlayStation 5 (the Playstation 4 is still one of the HOTTEST selling gaming consoles now) during the 2020 holiday season – more than likely giving them a HUGE boost at the end of the year.
In fact, some analysts have raised their price target for Sony to $100 per share up a NICE bit from the $77.50 mark it’s floating at currently.
And if you want to get in on those profits – you’ll probably want to act sooner rather than later…
That’s one of the things I think makes our GorillaTrades system so accurate – we act fast to ensure we get the most bang for our buck.
Our recommendations come fast and furious – and the longer you wait – the less money you may get the chance to make…
You’ve got to be fast on the trigger if you want to profit big – and GT makes sure you practice that kind of sniping.
I’d love to tell you how it works – but it’s easier to show you – so please, consider becoming a subscriber to GorillaTrades today.
If we’re not your bag – no worries…
But do yourself a favor and take a good hard look as Sony (SNE) – it could put a lot of $$$ in your pocket! (FYI- Sony is currently only 1/17th the size of Microsoft based on market cap.)
“To make an embarrassing admission, I like video games. That’s what got me into software engineering when I was a kid. I wanted to make money so I could buy a better computer to play better video games – nothing like saving the world.” – Elon Musk
