Video Stocks
How to profit from the video game industry?
Is there an easy, low-cost, tax-efficient way to invest in the entire video game industry (both US and Japan)? Are there exchange traded funds (ETF) that track only video game stocks? Index funds?
If I were you I’d invest in the retailers that sell the games, particularly companies like Best Buy. With a company like Best Buy you gain significant exposure to the booming HDTV market, digital-home technologies as well as a major services operations. Not to mention a major American retail with major growth plans in China. Moreover Best Buy has favorable valuation relative to its major competitor Circuit City. That being said you ought to evaluate the suitability of this idea for your personal situation, acknowledging that risk is involved. Moreover there is no certainty that any business strategy is a guaranteed success. Consulting a personal financial advisor is always a good idea.
Stock Market Video Technical Analysis 11/13/08