Why investors should be paying even more attention to these tech companies

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June 7, 2019 6:46pm NYSE:VGT

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From Katherine Ross: E3 2019 is upon us.


For those of you who don’t know, E3 stands for Electronic Entertainment Expo and it’s a highly anticipated conference for video game producers, developers and, of course, players.

This year, E3 takes place from June 11 to the 13, but some companies will present their 2019 lineups before E3 officially kicks off.

Here are four companies that investors should keep an eye on during E3.

Electronic Arts

Electronic Arts (EA – Get Report) will technically not be in E3 itself, simply because the company runs its own event ahead of E3.

The event, called EA Play, will take place on Saturday, June 8.

Electronic Arts is expected to unveil Star Wars Jedi: Fallen Order and to further discuss its wildly popular battle royale game, Apex Legends.

Microsoft

Microsoft (EA – Get Report) is rumored to be preparing to announce a new Xbox. And, with rival hardware maker, Sony–the company behind Playstation–sitting out of E3, now may be the perfect time for Microsoft to hog the headlines.

The company will be presenting their lineup of games and, potentially, a new Xbox on Sunday, June 9.

Activision Blizzard

Activision Blizzard (ATVI – Get Report) has had a rough start to 2019.

The company announced in its fourth-quarter earnings that it planned on laying off around 800 people.

And, the stock is down around 40% in the past year.

However, there is an upside. The company is expected to discuss its newest Call of Duty, Call of Duty: Warfare.

Netflix

Yeah, you read that right.

Netflix (NFLX – Get Report) , while not a video game company, is expected to make an appearance at E3 2019.

The company is appearing on a panel about turning its shows into video games and has teased that it plans on showing off a new Stranger Things game.

 


The Vanguard Information Technology ETF (VGT) rose $0.09 (+0.04%) in after-hours trading Friday. Year-to-date, VGT has gained 25.04%, versus a 8.22% rise in the benchmark S&P 500 index during the same period.

VGT currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #2 of 79 ETFs in the Technology Equities ETFs category.

 


This article is brought to you courtesy of TheStreet.


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