These 3 Suppliers Will Profit From the PS5 and Xbox Series X

Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) are both about to launch their next-gen gaming consoles. Microsoft's Xbox Series X and Series S will arrive on Nov. 10, while Sony's PS5 and PS5 Digital Edition will launch on Nov. 12.

There's pent-up demand for both consoles, but Sony has the incumbent advantage. The Japanese conglomerate sold 114 million PS4s over the past seven years, while Microsoft only sold 48 million Xbox Ones.

Investors who want to profit from these next-gen consoles could consider buying shares of Microsoft or Sony. However, investors seeking more passive plays could consider investing in their top suppliers, which could benefit regardless of which console wins over more gamers.

Continue reading

Source Fool.com