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I'm not much into video games. Frankly, I leave most of the electronics to the kids–that is, aside from my trusty iPhone and laptop. But video game stocks, now there's something I'm excited about! Some of these companies are the best stocks to buy right now!

Take Activision Blizzard (ATVI), the company formed at the beginning of July when Activision merged with Vivendi. A year ago, this stock was trading around $18. Since, it has more than doubled, moving up through the mid-$30 range! Another one of the best stocks to buy in the gaming industry is Konami (KNM), which traded around $23 in July 2007 and is currently above $31 a share! That's a gain of almost 35% in 12 months!

I'm sure you've heard about the hot game "Guitar Hero" by Activision, or Konami's hit franchise "Metal Gear Solid." Judging from all the commercials on TV and all the cardboard cutouts I see in the mall advertising these games, kids just can't get enough of them! But it takes more than just a popular title to make these kinds of profits. Here's why video game publishers are the best stocks to buy right now.

With the persistent stagflation we've seen–stagnant economic growth coupled with high inflation–it's easy to see why Americans are cutting back. Everything costs more due to soaring inflation in food and crude oil prices, and the weak dollar only adds to the crunch. Consumer confidence is low, and it's harder for Americans to justify their spending. Trips to the amusement park or even to the movies are the first to go, along with other "non-essential" expenses. Even though the tax rebate checks that were part of Washington's stimulus package offered temporary relief, American families are still hard-pressed to cut corners.

But man doesn't live off bread alone! If people are stuck at home during these trying economic times, they want to be stuck at home in style. Flat-screen TV sales are actually up despite the lean times, because more people are staying home and watching TV instead of going to the ballpark or taking a drive out to the coast. Similarly, more people are buying video games because they are a relatively cheap form of entertainment that can be enjoyed over and over again.

Past performance is yet another important factor as to why companies like Activision Blizzard are the best stocks to buy. Last quarter, ATVID's earnings beat Wall Street expectations by 240%. That's right, 240%! My free stock analysis tool, PortfolioGrader Pro, ranks Activision Blizzard a strong buy right now due to its great fundamental value. This ride's not over yet!

So even if you're not a gamer, you may want to dabble in video game stocks! Activision Blizzard is just one of the many great companies I tipped off to my Blue Chip Growth subscribers. Subsequently, they've weathered some of the worst market troubles thanks to the big winners in our current portfolio.

If you want to make profits like the ones we've enjoyed in Activision Blizzard, join Blue Chip Growth today to find out other great stocks to buy!

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