Will Strong PlayStation 5 Sales Send Sony Stock Higher?

Demand for Sony's (NYSE: SNE) PlayStation 5 and Microsoft's (NASDAQ: MSFT) Xbox Series X has been extremely high following their launches earlier this month. Both game systems remain sold out everywhere, with restocked inventory selling out within minutes at major retailers online. 

With Sony's stock price currently sitting at a new high, investors might be wondering if it's a buy at these levels. Here's what you need to know.

On Nov. 25, Sony's official PlayStation account issued a statement on Twitter, stating that the demand for PlayStation 5 (PS5) has been "unprecedented."  

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Source Fool.com