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This Is the Best Stock to Capitalize on the Mobile-Gaming Craze

No matter what happens with the global economy, one sure bet is that more people will play and buy video games, and mobile gaming, in particular, has taken off.

Which company is best positioned to take advantage of the trend? One of the most successful technology stocks in the business is Activision Blizzard (ATVI - Get Report) , which is making big moves in the mobile-gaming arena.

A study released by industry research firm Newzoo this month shows that game fanatics around the world will pour $99.6 billion into their hobby this year, up 8.5% from 2015.

By 2019, that figure is expected to hit $118.6 billion.

And the blistering rise of mobile gaming is a booming tech trend.

According to Newzoo, revenue from games played on smartphones and tablets came in at $30.4 billion last year, and that is expected to leap 73%, to $52.5 billion, by 2019.

Looming on the horizon is virtual reality.

The leader in that area is Facebook, which released its Oculus Rift headset at the end of last month. The HTC Vive followed shortly after, and the Sony PlayStation VR, designed to work with the PlayStation4 console, is due out in October.

Facebook is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer a>


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