Victorhc88
2021-05-05
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4 Stocks to Watch Amid Skyrocketing Demand for Cloud Gaming
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Interestingly, cloud gaming doesn’t require users to purchase expensive personal computers or hardware for gaming. This is because the games run online or on remote servers and users can access them easily without having to go through the hassle of downloading and installing them on their devices.</p><p>Users can simply purchase gaming subscriptions or access free-to-play titles on compatible devices like desktops, smartphones, tablets, and so on. Moreover, cloud gaming allows users to play games that they might own on other gaming consoles.</p><p>Markedly, the rising penetration of Internet across the globe has been instrumental in increasing the popularity of cloud gaming. After all, a stable Internet connection is a basic requirement for cloud gaming. Moreover, the increasing availability of 5G services around the world is sure to provide another leg up to cloud gaming. This is because 5G offers low latency and faster speeds, which means that buffering in games will be lowered, thereby improving the overall experience.</p><p>In any case, the popularity of cloud gaming had been gradually gaining ground, but the outbreak of the COVID-19 pandemic last year helped in catapulting that demand. Being stuck at home, people needed some form of entertainment which led to video games taking center stage. This, in turn, resulted in rising interest in cloud gaming, especially in countries like the United States. In fact, asurveyby Piplsay last year showed that 52% of U.S. gamers took an interest in cloud gaming in 2020, amid the lockdown while 44% of U.S. gamers responded that they subscribed to a game streaming service.</p><p>Cloud Gaming Boom to Continue in 2021</p><p>While major economies around the world are gradually returning to normalcy owing to an accelerated vaccination drive, the popularity of cloud gaming looks set to continue. Markedly, gaming market analytics provider Newzoo estimated that the cloud gaming market is set toreach $1.4 billionin revenues in 2021 compared to $633 million in 2020. Moreover, the report stated that by 2023, the cloud gaming market is set to exceed the five-billion-dollar revenue mark, on the back of improving technology and infrastructure.</p><p>Reflective of the expected growth in cloud gaming revenues, the report further stated that by the end of 2021, cloud gaming is set to have 23.7 million paying users as the frequency of new services increases along with improvements in the existing ones.</p><p>4 Stocks to Watch Out For</p><p>Cloud gaming seems poised to continue its good run as it allows users to play conveniently without having to necessarily purchase expensive gaming hardware. Moreover, the rising Internet penetration and availability of 5G should provide a further boost to the cloud gaming market. Therefore, this seems like a good time to take a look at stocks that can make the most of this increasing demand for cloud gaming. Notably, we have selected four such stocks that carry a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).</p><p><b>Alphabet Inc.</b>’sGOOGLGoogle has its cloud gaming platform called Stadia, which allows users to play video games on compatible devices by streaming them directly. The company currently has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings increased 23.1% over the past 60 days. The company’s expected earnings growth rate for the current year is nearly 45%.</p><p><b>NVIDIA Corporation</b>NVDAoffers GeForce NOW, a cloud-based game streaming service. The company currently has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings increased 2.2% over the past 60 days. The company’s expected earnings growth rate for the current year is 35.6%.</p><p><b>Microsoft Corporation</b>MSFThas its own cloud gaming platform called Cloud Gaming with Xbox Game Pass Ultimate or xCloud. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 5.8% over the past 60 days. The company’s expected earnings growth rate for the current year is 35.4%.</p><p><b><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Inc.</b>FBventured into cloud gaming by allowing users to play several free-to-play gaming titles on Android devices through Facebook’s app or on a desktop through its website. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 11.4% over the past 60 days. The company’s expected earnings growth rate for the current year is 24.6%.</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks to Watch Amid Skyrocketing Demand for Cloud Gaming</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Stocks to Watch Amid Skyrocketing Demand for Cloud Gaming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 09:34 GMT+8 <a href=https://www.nasdaq.com/articles/4-stocks-to-watch-amid-skyrocketing-demand-for-cloud-gaming-2021-05-04><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloud gaming has been rapidly gaining precedence as a popular form of gaming, thanks to the many conveniences it provides to gamers. Interestingly, cloud gaming doesn’t require users to purchase ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/4-stocks-to-watch-amid-skyrocketing-demand-for-cloud-gaming-2021-05-04\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","MSFT":"微软","NVDA":"英伟达"},"source_url":"https://www.nasdaq.com/articles/4-stocks-to-watch-amid-skyrocketing-demand-for-cloud-gaming-2021-05-04","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138081055","content_text":"Cloud gaming has been rapidly gaining precedence as a popular form of gaming, thanks to the many conveniences it provides to gamers. Interestingly, cloud gaming doesn’t require users to purchase expensive personal computers or hardware for gaming. This is because the games run online or on remote servers and users can access them easily without having to go through the hassle of downloading and installing them on their devices.Users can simply purchase gaming subscriptions or access free-to-play titles on compatible devices like desktops, smartphones, tablets, and so on. Moreover, cloud gaming allows users to play games that they might own on other gaming consoles.Markedly, the rising penetration of Internet across the globe has been instrumental in increasing the popularity of cloud gaming. After all, a stable Internet connection is a basic requirement for cloud gaming. Moreover, the increasing availability of 5G services around the world is sure to provide another leg up to cloud gaming. This is because 5G offers low latency and faster speeds, which means that buffering in games will be lowered, thereby improving the overall experience.In any case, the popularity of cloud gaming had been gradually gaining ground, but the outbreak of the COVID-19 pandemic last year helped in catapulting that demand. Being stuck at home, people needed some form of entertainment which led to video games taking center stage. This, in turn, resulted in rising interest in cloud gaming, especially in countries like the United States. In fact, asurveyby Piplsay last year showed that 52% of U.S. gamers took an interest in cloud gaming in 2020, amid the lockdown while 44% of U.S. gamers responded that they subscribed to a game streaming service.Cloud Gaming Boom to Continue in 2021While major economies around the world are gradually returning to normalcy owing to an accelerated vaccination drive, the popularity of cloud gaming looks set to continue. Markedly, gaming market analytics provider Newzoo estimated that the cloud gaming market is set toreach $1.4 billionin revenues in 2021 compared to $633 million in 2020. Moreover, the report stated that by 2023, the cloud gaming market is set to exceed the five-billion-dollar revenue mark, on the back of improving technology and infrastructure.Reflective of the expected growth in cloud gaming revenues, the report further stated that by the end of 2021, cloud gaming is set to have 23.7 million paying users as the frequency of new services increases along with improvements in the existing ones.4 Stocks to Watch Out ForCloud gaming seems poised to continue its good run as it allows users to play conveniently without having to necessarily purchase expensive gaming hardware. Moreover, the rising Internet penetration and availability of 5G should provide a further boost to the cloud gaming market. Therefore, this seems like a good time to take a look at stocks that can make the most of this increasing demand for cloud gaming. Notably, we have selected four such stocks that carry a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).Alphabet Inc.’sGOOGLGoogle has its cloud gaming platform called Stadia, which allows users to play video games on compatible devices by streaming them directly. The company currently has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings increased 23.1% over the past 60 days. The company’s expected earnings growth rate for the current year is nearly 45%.NVIDIA CorporationNVDAoffers GeForce NOW, a cloud-based game streaming service. The company currently has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings increased 2.2% over the past 60 days. The company’s expected earnings growth rate for the current year is 35.6%.Microsoft CorporationMSFThas its own cloud gaming platform called Cloud Gaming with Xbox Game Pass Ultimate or xCloud. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 5.8% over the past 60 days. The company’s expected earnings growth rate for the current year is 35.4%.Facebook, Inc.FBventured into cloud gaming by allowing users to play several free-to-play gaming titles on Android devices through Facebook’s app or on a desktop through its website. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 11.4% over the past 60 days. 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