10 Best Video Game Stocks to Buy Now

2. Sea Limited (NYSE:SE)

Number of Hedge Fund Holders: 86

Sea Limited (NYSE:SE) is an internet and mobile platform company that provides online gaming services. Its operations are divided into three segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment develops and offers mobile and online PC games.

Based in Singapore, Sea Limited (NYSE:SE) is known for its popular Free Fire title, one of the top mobile battle royale games. The company’s gaming segment is performing well. Garena, the digital entertainment arm of parent company Sea Limited (NYSE:SE), reported that its daily active users surpassed 100 million in 2024 due to the rising popularity of Free Fire. Fiscal Q3 2024 saw a 24% growth in total bookings, while adjusted EBITDA grew over 34% year-on-year. Free Fire consistently reported over 100 million daily active users in fiscal Q3 2024, reflecting 25% year-over-year growth.

In addition to the Americas and Asia, the company saw meaningful growth in other regions as well, including North Africa. Sea Limited (NYSE:SE) views this region as holding significant untapped opportunity for growth and has been focusing on in-game campaigns and all top game events in this market. The company ranks second on our list of the 10 best video game stocks to buy now.