Why Zynga Is My Favorite Video Game Stock Right Now
Video game stocks are a hot commodity this year amid all the shelter-in-place orders, but Zynga (NASDAQ: ZNGA) is leading the pack with a 60% gain so far in 2020.
The game producer kicked off the new decade in grand style with the successful launch of a handful of new titles, and though parts of its business may struggle because of the pandemic, the core business is stronger than ever.
This leader in mobile entertainment has made a number of other moves in recent months to build on its recent momentum. Investing in times of duress may feel like the wrong course of action, but history says fortune favors the bold.
Source Fool.com
