E-SPORTS - is this the future of sports and entertainment? If you believe so, what stocks do you need to be investing in to take advantage of this potentially hot future stock sector? I take a look at my top 6 stocks (from a shortlist of 24) and throw in an E-Sport ETFs for good measure!

ETF's for a more macro investment on the sector as a whole: 
$Global X Video Games & Esports ETF(HERO)$

Good barometer for the sector - not doing that great! After 158% rise from early 2020, now of 44% from those highs and struggling. Key breakdown zone 19/20 area. Need to hold here to have any chance of turning bullish in the shorter term. Key trendline down intersects with 61.8% Fibonacci line 25 / 26 area - can get up through here should signify a more bullish outlook.

Global E-Sports Stocks (see attached charts for performance):

I'm sticking mostly with the big boys currently in my 6 selection as the sector sorts itself out. $Huya Inc.(HUYA)$is my 'gamble' stock to watch!

1. $Alphabet(GOOGL)$
2. Take-Two Interactive Software (TTWO)
3. Electronic Arts (EA)
4. Amazon (AMZN)
5. HUYA Inc (HUYA)
6. Activision Blizzard (ATVI)

Conclusion: The sector isn't looking in the best of health at the moment and the smaller stocks can be volatile. Difficult though to bet against the bigger players in the sector like Amazon and Google as they offer so much more other than just ESports and are probably a safer bet in the shorter term. Some other E-Sport stocks to investigate that didnt quite make my 6 shortlist (Tickers):

EGLX, AESE, SLGG, SKLZ, SE, RBLX, MTGB, LUKEF, HEAR, GMBL, GENI, ENTEF, DOYU, CRSR, BILI, 700

If you’d like to find out more about what I do, you can get in touch with me via:
Email: info@thestophunter.co.uk
Website: www.thestophunter.co.uk
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Best of luck with the trading,

Regards

Stephen