WallStreetZenWallStreetZen

Sectors & IndustriesCommunication ServicesElectronic Gaming & Multimedia
Best Electronic Gaming & Multimedium Stocks to Buy Now (2024)
Top electronic gaming & multimedium stocks in 2024 ranked by overall Zen Score. See the best electronic gaming & multimedium stocks to buy now, according to analyst forecasts for the electronic gaming & multimedia industry.

Industry: Electronic Gaming & Multi...
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
NTES
NETEASE INC
57
57
86
0
80
60
DDI
DOUBLEDOWN INTERACTIVE CO LTD
50
86
86
0
30
GDEV
GDEV INC
43
43
57
0
70
PLTK
PLAYTIKA HOLDING CORP
41
43
29
44
50
GRVY
GRAVITY CO LTD
40
71
57
0
30

Upgrade to Premium to View More

Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

Already have a premium account? Sign In

Electronic Gaming & Multimedium Stocks FAQ

What are the best electronic gaming & multimedium stocks to buy right now in May 2024?

According to Zen Score, the 3 best electronic gaming & multimedium stocks to buy right now are:

1. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) is the top electronic gaming & multimedium stock with a Zen Score of 57, which is 28 points higher than the electronic gaming & multimedium industry average of 29. It passed 21 out of 38 due diligence checks and has strong fundamentals. Netease has seen its stock return 11.03% over the past year, overperforming other electronic gaming & multimedium stocks by 9 percentage points.

Netease has an average 1 year price target of $128.67, an upside of 30.59% from Netease's current stock price of $98.53.

Netease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Netease, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the second best electronic gaming & multimedium stock with a Zen Score of 50, which is 21 points higher than the electronic gaming & multimedium industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 56.25% over the past year, overperforming other electronic gaming & multimedium stocks by 54 percentage points.

Doubledown Interactive Co has an average 1 year price target of $14.75, an upside of 18% from Doubledown Interactive Co's current stock price of $12.50.

Doubledown Interactive Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Doubledown Interactive Co, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Gdev (NASDAQ:GDEV)


Gdev (NASDAQ:GDEV) is the third best electronic gaming & multimedium stock with a Zen Score of 43, which is 14 points higher than the electronic gaming & multimedium industry average of 29. It passed 14 out of 33 due diligence checks and has strong fundamentals. Gdev has seen its stock lose -73.81% over the past year, underperforming other electronic gaming & multimedium stocks by -76 percentage points.

What are the electronic gaming & multimedium stocks with highest dividends?

Out of 2 electronic gaming & multimedium stocks that have issued dividends in the past year, the 2 electronic gaming & multimedium stocks with the highest dividend yields are:

1. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) has an annual dividend yield of 2.6%, which is 1 percentage points higher than the electronic gaming & multimedium industry average of 1.6%. Netease's dividend payout is not stable, having dropped more than 10% eleven times in the last 10 years. Netease's dividend has shown consistent growth over the last 10 years.

Netease's dividend payout ratio of 40.5% indicates that its dividend yield is sustainable for the long-term.

2. Electronic Arts (NASDAQ:EA)


Electronic Arts (NASDAQ:EA) has an annual dividend yield of 0.6%, which is -1 percentage points lower than the electronic gaming & multimedium industry average of 1.6%.

Electronic Arts's dividend payout ratio of 19% indicates that its dividend yield is sustainable for the long-term.

Why are electronic gaming & multimedium stocks up?

Electronic gaming & multimedium stocks were up 1.36% in the last day, and down -1.21% over the last week.

We couldn't find a catalyst for why electronic gaming & multimedium stocks are up.

What are the most undervalued electronic gaming & multimedium stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued electronic gaming & multimedium stocks right now are:

1. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 86, which is 59 points higher than the electronic gaming & multimedium industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 56.25% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 54 percentage points.

2. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the second most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 71, which is 44 points higher than the electronic gaming & multimedium industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 35.76% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 33 percentage points.

3. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) is the third most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Netease has a valuation score of 57, which is 30 points higher than the electronic gaming & multimedium industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Netease's stock has gained 11.03% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 9 percentage points.

Are electronic gaming & multimedium stocks a good buy now?

45.45% of electronic gaming & multimedium stocks rated by analysts are a strong buy right now. On average, analysts expect electronic gaming & multimedium stocks to rise by 26.82% over the next year.

What is the average p/e ratio of the electronic gaming & multimedia industry?

The average P/E ratio of the electronic gaming & multimedia industry is 7.84x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.