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Esports Stocks To Add to Your Watchlist - September 19th

Insight Enterprises logo with Retail/Wholesale background

Key Points

  • Esports stocks such as Insight Enterprises, Sphere Entertainment, PENN Entertainment, Madison Square Garden, and GameSquare are highlighted as key opportunities for investors looking to tap into the growing competitive video-gaming ecosystem.
  • These companies benefit from various revenue streams, including live event ticket sales, media rights, sponsorships, and digital advertising, as the audience engagement in esports continues to rise.
  • Insight Enterprises focuses on providing IT solutions, while Sphere Entertainment organizes live events, and PENN Entertainment offers integrated sports and gaming experiences, showcasing the diverse nature of the esports market.
  • MarketBeat previews the top five stocks to own by October 1st.

Insight Enterprises, Sphere Entertainment, PENN Entertainment, Madison Square Garden, and GameSquare are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies that generate significant revenue from the competitive video-gaming ecosystem—including game publishers, tournament organizers, hardware manufacturers and streaming platforms. By buying these equities, investors gain exposure to the fast-growing markets of live event ticket sales, media rights, sponsorships and digital advertising tied to professional gaming. As viewership and brand partnerships expand, esports stocks offer a way to participate in the industry’s rising audience engagement and revenue streams. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

Insight Enterprises (NSIT)

Insight Enterprises, Inc., together with its subsidiaries, provides information technology, hardware, software, and services in the United States and internationally. The company offers modern platforms/infrastructure that manages and supports cloud and data platforms, modern networks, and edge technologies; cybersecurity solutions automates and connects modern platform securely; data and artificial intelligence modernizes data platforms and architectures, and build data analytics and AI solutions; modern workplace and apps; and intelligent edge solutions that gathers and utilizes data for real-time decision making.

Read Our Latest Research Report on NSIT

Sphere Entertainment (SPHR)

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.

Read Our Latest Research Report on SPHR

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Read Our Latest Research Report on PENN

Madison Square Garden (MSGS)

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.

Read Our Latest Research Report on MSGS

GameSquare (GAME)

GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company's end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.

Read Our Latest Research Report on GAME

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