As many of you know, this coming holiday, Sony is going to be releasing the PlayStation 5 and Microsoft is releasing the new Xbox Series X. With unemployment so high due to Covid, it will obviously affect sales of these consoles. And if the $600 FPUC isn’t extended, it will limit people’s ability to afford anything non essential. All of this plays directly into Microsoft and Sony’s stock valuation. How do you think it will all go down? Do you think it’s likely these stocks will still soar, even with unemployment being so high? Or will they plateau or plummet due to people’s inability to afford their product? Obviously impossible to accurately predict, but I’d like an experienced investor’s input.
Submitted August 07, 2020 at 08:55PM by itglows2049 https://ift.tt/2PAwMYY
