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Esports Stocks To Add to Your Watchlist - September 20th

Insight Enterprises logo with Retail/Wholesale background

Key Points

  • Five notable Esports stocks to watch are Insight Enterprises, PENN Entertainment, Madison Square Garden, Sphere Entertainment, and GameSquare, based on recent trading volume.
  • These companies operate in various areas of competitive video gaming, from game development to esports organization and streaming platforms, catering to an expanding market driven by sponsorship and advertising revenue.
  • Investors interested in the esports market can benefit from buying stocks in these companies that are heavily involved in live events and sports betting as part of their operations.
  • MarketBeat previews the top five stocks to own by October 1st.

Insight Enterprises, PENN Entertainment, Madison Square Garden, Sphere Entertainment, 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 whose core businesses revolve around competitive video gaming—ranging from game developers and publishers to tournament organizers, streaming platforms, hardware manufacturers, and team franchises. Buying these stocks lets investors tap into the rapidly expanding esports market, which draws revenue through sponsorships, advertising, media rights and merchandise. 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

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

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

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

Further Reading

Should You Invest $1,000 in Insight Enterprises Right Now?

Before you consider Insight Enterprises, you'll want to hear this.

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