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They rock the game! Snail Inc. Ubisoft and Sega Sammy

Who doesn't love gaming from time to time? I picked these 3 gaming stocks to be our lemons or gold addition to the long term portfolio. You really don't know when they will hit the market again with something new and exciting and it doesn't hurt buying a few shares.


Let's put 1000 dollars in this gaming industry that's in a continuous expansion and more and more people choose to play some games in their free time or even better there are some that play games like a real job and make a living from the new gamer profession.


Sega Sammy Holdings Inc.

It's the old Sega that created the Sonic game and they merged with Sammy Corp. and now they expanded the business in more entertainment areas from PC and Console Games to amusement machines, toys, animations and even a few resorts like paradise city.


After finding support many times in the past years at around 3$, shares like to bounce aiming for 4.5-5.5$ but we are not going to target that price as we are looking for a 20-30 years investment with possible dividend payouts in the future and to match our budget we are going to buy only 95 shares that can value 350$/share in our projected timeframe.


Ubisoft Entertainment SA

The creators of Assassin's Creed, Prince of Persia and Avatar are here with at almost all time low in share price and it is a good entry opportunity for the ones that missed the 2008-2015 years as long term investors. Buying only 70 shares @$4.74 that can be gold in the future.


From a technical point of view Ubisoft just finished a long term correction with a truncated Wave five that bounced from the $4 level. This ABC pattern is expected to be wave two from a longer term Elliott wave ascending pattern and wave three can start.

Wave three should be the longest wave and we should target the range between 161.8% and 261.8% Fibonacci levels respectively $46-$69/share in the next years.


The new one - Snail Inc.

Established in 2009 with only 97 employees this corporation had the IPO in early 2023 and it's famous on Steam with a few games like Ark Survival and Bellwright.


I'm not gonna lie we are going to gamble a little on this one with 343 shares acquired at $0.97 but hey Electronic Arts started in low 90's at a few cents/share too. So only time will tell if this corporation will be our lemons that can be rotten or transform in a beautiful lemonade.



This post first appeared on Splash Investments, please read the originial post: here

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They rock the game! Snail Inc. Ubisoft and Sega Sammy

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