5 Best Mobile Gaming Stocks to Buy Now

2. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Number of Hedge Fund Holders: 60

Entertainment giant Warner Bros. Discovery, Inc. (NASDAQ:WBD) has several famous mobile games under its belt.

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is having a remarkable year, having gained about 46% in the period through April 14.

Recently, Truist started covering Warner Bros. Discovery, Inc. (NASDAQ:WBD) with a Buy rating and a $19 price target. The firm’s analyst Matthew Thornton said Warner Bros. Discovery, Inc. (NASDAQ:WBD)’s HBO Max relaunch should “drive renewed subscriber and [average revenue per user] momentum.”

A total of 60 hedge funds tracked by Insider Monkey had stakes in Warner Bros. Discovery, Inc. (NASDAQ:WBD), up from 61 hedge funds in the previous quarter.