2 Brilliant Stocks to Capitalize on Megatrends
The future can arrive in an instant, or so it often seems -- especially in the world of business, where companies that fail to adapt to new trends can go the way of the dinosaur quickly, leaving their shareholders disappointed.
On the other side of that equation, there are the companies that do identify the next soon-to-be massive trends, and position themselves to capitalize on them, to the profit of their investors. Two that I think fit that bill are Tencent Holdings Ltd (NASDAQOTH: TCEHY) and Control4 Corp. (NASDAQ: CTRL).
What's crazy about esports is how much the business has grown while still flying under so many investors' radar. Let me throw a few statistics at you: Global video game revenue commonly gets compared to movie ticket sales as a gauge of their importance in the entertainment industry, and in 2017, video games will generate more than three times as much as movie tickets did in 2016, according to newzoo.com, a digital gaming market research firm. But that's just beginning. Consider this tidbit from market consultant Tom Wijman:
Source: Fool.com
