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Video Game Stocks to Stay Hot, Movie Theater Chains In Deep Trouble, and Why There is Such Thing as 'Free Lunch' in Investing
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The video game industry is experiencing a surge in engagement and in-game spending since the pandemic, pushing shares of companies such as Activision-Blizzard, Electronic Arts, and Take-Two Interactive near all-time highs. While gaming has proven to be an ultimate stay-at-home business, the movie industry has taken a significant hit. Michael Pachter, Managing Director of Equity Research at Wedbush Securities, joined this episode to talk about why he thinks gaming's success will continue, and why AMC won't survive the pandemic. We also spoke with Sam Stovall, Chief Investment Strategist at CFRA, about the technology sector's incredible run and the benefits of a "Free Lunch" portfolio approach.
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