Is This the Best Growth Stock in the $7 Billion Esports Industry?
Forget whatever meme stocks internet chatroom traders are talking about this week, because they're mostly one-and-done events. A stock gets hot, everyone piles in, and then they move on with little to show for the effort.
To create lasting wealth, an investor should have a long-term mindset and be seeking out companies with long-term potential. That comes from having a solid business model preferably in an industry that is growing and will be around for years, decades even.
So while betting on beating hedge funds at the game they created might sound like fun, betting on gaming itself could actually be huge. That's why the esport stock below is a much better bet for your portfolio than any meme stock.
Source Fool.com
