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Is Now the Time to Buy These 2 Video Game Stocks?

TheMotleyFool

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Is Now the Time to Buy These 2 Video Game Stocks?: https://g.foolcdn.com/editorial/images/701722/person-playing-video-games-vr.jpg

Video game companies saw their businesses supercharged by the COVID-19 pandemic lockdowns. With many people stuck inside, money that could have been spent on traveling or experiences was instead spent on at-home entertainment like TV, movies, and console games in 2020 and 2021.

Now, with the pandemic in the rearview mirror, investors are getting pessimistic as gaming industry sales are set to fall by 1.2% in 2022, causing many video game stocks to decline in value. If you are a long-term investor, these price declines can be buying opportunities for companies with multiple long-term tailwinds.