Fortnite Stock Price (& Can I Use My V-Bucks?)
This is a Post from the Symbol Surfing Blog from Mon, Sep 10, 2018.
Investors like you and me are searching for this exact phrase hoping to cash in on Fortnite Fever.
In fact, "Fortnite Stock Price" gets almost 1,000 searches per month.
Of course, Fornite's creator Epic Games is not publicly traded.
"So how does Tencent stand to gain from the fervor over Fortnite? Simple -- the company owns a 40% stake in Fortnite creator Epic Games, and has developed and recently debuted two similar games in China based on licensed IP from PUBG. Tencent is also seeking government approval to release Fortnite to Chinese gamers."
Before you go out and buy shares of Tencent, check out the 1 year chart.
Spoiler Alert: It is at a 52 week low.
So there's that.
I would wait for a reversal in the downtrend before buying some shares in this $350+ billion market cap company.
By the way, check out their products and services page.
Is it me or does this company look a lot like Google?
Instead of jumping in on that stock, I have a different idea.
There are several stocks that may make more sense right now.
I was looking at these gaming related software stocks today.
Below are a few of the stocks I have been scanning.
Activision Blizzard, Electronic Arts, Microsoft & Take-Two Interactive.
Of the 4, I like MSFT the best for many reasons beyond gaming and that's why I own it.
What's your favorite gaming stock right now?
And does anyone still play HALO 1?
Let me know in the comments section!
If you think your friends would like this post, please share it. Thanks!
Mon, Sep 10, 2018 ATVI @ $74.26
Here's To Waiting Wed, Nov 28, 2018
This Has Been A Great Run Mon, Nov 5, 2018
Only Two 52 Week Highs Today BUT HUGE GAINERS Mon, Oct 15, 2018
8 Best Stocks To Buy Now (Or At Least Add To Your Watchlist) Wed, Oct 10, 2018
ALK Stock Price Continuing Uptrend Thu, Oct 4, 2018
Why I Sold JNJ Today (13% In 4 Months) Thu, Sep 13, 2018
CBOE Stock (Some) Investors Can't Live Without It Wed, Sep 12, 2018
Fortnite Stock Price (& Can I Use My V-Bucks?) Mon, Sep 10, 2018
NVDA News - I Sold A Couple Days Too Late Thu, Sep 6, 2018