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Esports Stocks To Follow Now - September 2nd

PENN Entertainment logo with Consumer Discretionary background

Key Points

  • PENN Entertainment, Insight Enterprises, and Sphere Entertainment are highlighted as key Esports stocks to monitor currently due to their high trading volumes and relevance in the growing esports ecosystem.
  • PENN Entertainment operates through various segments, offering integrated entertainment, sports content, and online sports betting across multiple brands.
  • Insight Enterprises specializes in IT solutions and services, while Sphere Entertainment is involved in hosting various live events, including esports, across several iconic venues in New York City.
  • Five stocks we like better than PENN Entertainment.

PENN Entertainment, Insight Enterprises, and Sphere Entertainment are the three Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies that generate revenue from competitive video gaming—whether by running tournaments and leagues, developing or publishing popular game titles, providing streaming platforms, or manufacturing gaming hardware. Investors buy and sell these equities to gain exposure to the fast-growing esports ecosystem, which includes sponsorships, media rights, advertising, and merchandise sales. As with other sectors, their value fluctuates based on company performance, industry trends, and broader market conditions. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

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

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

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